Daly Says Low U.S. Inflation Means Fed Can Draw More Job Gains
Mary Daly, president of the Federal Reserve Bank of San Francisco, speaks with reporters after an event at the Commonwealth Club in San Francisco, California, U.S. (Photographer: David Paul Morris/Bloomberg)

Daly Says Low U.S. Inflation Means Fed Can Draw More Job Gains

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(Bloomberg) -- Low inflation means the U.S. central bank can let a hotter economy draw more people into the labor force, said Federal Reserve Bank of San Francisco President Mary Daly.
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