Federal Reserve Bank of San Francisco President Mary Daly said the central bank should raise interest rates "a little" above 3% by the end of the year to cool inflation, pushing back against investor bets that officials would then reverse course.
happen next. pt they become sri lanka, a country that destroyed itself, committed national o suicide in pursuit of a high s esg score. turns outut actual people of boh parties, just all normal people want to do things like affordca gasoline or haven someplace to live. they can afford what joe biden said today will get us much closer to sri lanka. there s kind of noo disputeut about that. we alsoo for certain that the spending under the biden administration under previous administrations, but certainlydr dramatically accelerated and biden has devaluedamer the dollar to the point that wee have massive inflation and a decline in gdp because as moneye loses value and things get more expensive, people at some point can t afford to buy as much. and then gross domestic product decline. it s not like some crazy theory. in fact, even the federal reserve bank of san francisco,ra hardly a right wingnc institutin ,has pointed out that joe biden spending in his first year in office single handedly
Federal Reserve Bank of San Francisco President Mary Daly said she expects the central bank to raise interest rates to levels that restrain the economy.