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TechFlow News — Federal Reserve FOMC voting member Daly said recent economic data has given her "greater confidence" that inflation is under control, and it's now time to consider adjusting the current interest rate range of 5.25%-5.50%. Although the labor market is slowing, it is not "weak."
Federal Reserve FOMC voting member Daly said recent economic data has given her "greater confidence" that inflation is under control, and it's now time to consider adjusting the current interest rate range of 5.25%-5.50%. Although the labor market is slowing, it is "not weak."
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