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Fed's Daly leaning toward pause in rate hikes: Washington Post

Published 01/18/2019, 03:16 PM
Updated 01/18/2019, 03:20 PM
© Reuters. FILE PHOTO:  Mary Daly, President of the Federal Reserve Bank of San Francisco, poses after giving a speech on the U.S. economic outlook, in Idaho Falls

© Reuters. FILE PHOTO: Mary Daly, President of the Federal Reserve Bank of San Francisco, poses after giving a speech on the U.S. economic outlook, in Idaho Falls

SAN FRANCISCO (Reuters) - 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.

© Reuters. FILE PHOTO:  Mary Daly, President of the Federal Reserve Bank of San Francisco, poses after giving a speech on the U.S. economic outlook, in Idaho Falls

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

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