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SAN FRANCISCO FED PRESIDENT AND CEO, MARY C. DALY

REUTERS: Fed officials emphasize policy 'patience' as outlook improves

At a separate event, San Francisco Fed President Mary Daly struck a similar tone.

“Our most important virtue will be patience,” she told the Economic Club of New York. “We will need to continually and patiently reassess what the labor market is capable of and avoid preemptively tightening monetary policy before millions of Americans have an opportunity to benefit.”


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