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Fed's Daly: In all likelihood, we need to raise rates

FxGain News Newsdesk · · reported by 1 source

Fed's Daly: In all likelihood, we need to raise rates

What we know so far

investingLive Central Banks (Nov 13, 23:23): Hard to say policy is restrictive enoughIn all likelihood, we will need to raise ratesA myriad of things are pushing up inflation, which makes it concerningBias is that rates need to go upEvery single Fed official speaking lately says that rates need to go up, and yet seemingly none of them supported a rate hike two weeks ago. It's baffling.More:I…

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