14 Hrs
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الاقتصادية
Source: الاقتصادية
14 Hrsالاقتصادية
Source: الاقتصادية
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Mary Daly, president of the Federal Reserve Bank of San Francisco, said Friday that the U.S. central bank would likely need to raise interest rates again to bring inflation, which remains above its target, down. She did not specify when the next increase might come or how large it might be. She said the decline in technology stocks and investors’ reassessment of expectations for AI-related demand were unfolding in an orderly manner. But amid uncertainty about the economic outlook, she called for caution and a gradual pace, and said she was prepared to support further monetary tightening if circumstances warranted.
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