Fed's Daly: We'll be able to get inflation moving down by year-end

  • Comments from the SF Fed President
  • I'm not expecting that we will fall into recession
  • Growth will slow but I expect that to be a short-lived event
  • Fed is committed to doing our work to bring down inflation

There's nothing new here. The dollar and Treasury yields have stabilized after the big pop following Brainard.

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