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via cnbc.comEconomy

San Francisco Fed President Daly says higher rates 'are likely to be needed' in inflation fight

FROM THE WIRE · CNBC.COM

Daly called Friday's jobs report

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishHawkish comments from a Fed official can push bond yields higher and weigh on equities.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Daly called Friday's jobs report in her remarks.
  2. 02The message concerns the need for higher rates in the inflation fight.

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