Fed could hike rates by 25 or 50 basis points on Feb. 1, Daly tells WSJ

Fed could hike rates by 25 or 50 basis points on Feb. 1, Daly tells WSJ

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San Francisco Federal Reserve President Mary Daly on Monday said a half-percentage-point interest rate hike, or a quarter-percentage-point increase, are both possibilities for the U.S. central bank’s Jan. 31-Feb. 1 meeting. “I can give you arguments for either side,” Daly said in a webcast…

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