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US central bank must not claim victory over inflation prematurely, says San Francisco Fed president
Market odds of another increase by year-end drop to 30% as bond yields surge
Comments reflect increasing concern about persistent inflation and global trends fuelling price pressures
San Francisco president of US central bank said ‘case can be made’ for half- or quarter-point increase
San Francisco president points to price rises remaining ‘far too high’ but signals initial support for smaller rate increases
Signs suggest US central bank is preparing aggressive moves to bring persistent inflation under control
Top central bank official points to strong recovery in US economic activity and consumer spending
San Francisco’s Mary Daly fears ‘premature’ declaration of victory against Covid-19
Mary Daly sees gym and cinema workers at particular risk as coronavirus leaves scars
Long-term unemployment rate may be as low as 3.5%, San Francisco Fed president says
Incremental labour gains disproportionately benefit minorities and less educated
The discipline must stop treating women as if they were rare birds
International Edition