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SF Fed President Fed’s Daly
on Bloomberg TVInflation is eye-popping but transitory
Inflation is not expect to persist at these rates once covid-19 is behind us
Even though it’s temporary, high inflation hurts
We have a challenge right now
It’s premature to start altering the path or expectations of when the Fed should raise rates
She’s watching inflation expectations
The number of missing jobs also has my attention
Uncertainty requires us to watch with vigilance
It would be premature to start asking if we should quicken the taper
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