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FILE PHOTO: Mary Daly, head of research at the San Francisco Federal Reserve Bank, Mary Daly, stands near the podium before a speech to the CFA Society in San Francisco, California, USA, July 10, 2018 REUTERS / Ann Saphir / Photo File
SINGAPORE (Reuters) – San Francisco Federal Reserve President Mary Daly said on Monday that she was taking a patient approach to interest rates, until economic data was available. and the trade negotiations provide further details on growth prospects in the United States.
"Currently, we have trade discussions and these discussions are creating more uncertainty in the economy," Daly said at a symposium on Asian Banks and Finance in Singapore.
"But my position is to be patient and wait to see what are the details of the trade talks."
Report by Fathin Ungku; written by Aradhana Aravindan; edited by Joe Brock & Shri Navaratnam
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