Fed's Daly: Committed to Mandate Goals Amid Moves by Treasury
Dow Jones08-20 21:44
0944 ET - San Francisco Fed President Mary Daly told Bloomberg TV it was early days and she wouldn't want to preemptively discuss how the Treasury's debt management moves, including its issuance strategy could affect the Fed. "I wouldn't want to be preemptive in sort of discussing those types of things until we've had a chance to think through those issues," she said. Daly said the Fed will find a way to achieve its dual mandate goals. "I think we don't want to worry about the mechanics of how to do that as much as the commitment to achieve it," she said.
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