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San Francisco Fed’s Daly says jobs report complicates interest rate call

San Francisco Fed’s Daly says jobs report complicates interest rate call

San Francisco Federal Reserve President Mary Daly said Friday the weak February jobs report adds to a difficult policymaking environment. In a CNBC interview, Daly did not commit to a position on interest rates, but said a softening labor market combined with inflation still running above the central bank’s 2% target complicate future decisions. “This…

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