Mary Daly, Interview: Bloomberg News
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“So all of those things, when I put them together, global risks, global growth, I have a baseline case going into September that is 50 basis points. That’s where I’ve been since the last meeting, but I have an open mind about whether 75 is going to be necessary. And a lot of that will depend on the labor market, inflation. And whether we see those things slow enough to say, wow, we’ve got the momentum we need to really fight inflation.”