Washington – WP: Fed’s Daly Leaning Toward Pause In Rate Hikes

Washington – San Francisco Federal Reserve Bank President Mary Daly is leaning toward pausing interest rates hikes for a while, though she sees “nothing in the data” to suggest an imminent recession, according to the Washington Post, which published a profile on the policymaker on Friday.

The article paraphrased Daly’s interest-rate remark without quoting it directly. A San Francisco Fed spokesman confirmed the remark was accurate.