Fed: Daly says buying will continue at current rate until end of 2021

In an interview with the Wall Street Journal, the president of the San Francisco Federal Reserve, Mary Daly has said that she expects the Fed to continue buying assets at its current rate through the end of the year..

“For now, we have monetary policy in a good placeDaly added, noting that It would not be so critical to maintain the current rate of purchases if the economy were to grow strongly in the second half of the year.

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