Fed's Daly says the economy can handle rate hikes, but a mild recession is possible - CNBC
4/20/2022 12:00:00 AM3 yearsago
by Jeff Cox
by Jeff Cox
San Francisco Fed President Mary Daly acknowledged that a series of rate hikes over the coming months could tip the economy into a shallow recession.
San Francisco Federal Reserve President Mary Daly acknowledged Wednesday that a near-certain series of interest rate hikes over the coming months could tip the economy into a shallow recession, thoug… [+3313 chars]
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