San Francisco Fed President Mary Daly told Yahoo Finance that she expects the Fed to stay the course when it comes to expectations for interest rate hikes after the latest core inflation reading — i.e., consumer prices excluding volatile food and energy prices— came in at a 40-year high.
“It does show the data not cooperating,” Daly said on Yahoo Finance Live when asked about the consumer price index report for September. “It was a very disappointing report, but I would offer it…
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