Federal Reserve’s Daly Sees 50 Basis Point Hike in September, Open to 75 Bps

From Bloomberg Markets and Finance.

Federal Reserve Bank of San Francisco President Mary Daly discusses the state of the US economy and its implications for monetary policy. Consumer prices slowed to an 8.5% year-over-year pace last month, a report showed Wednesday, from 9.1% in June. A separate report Thursday showed that producer prices fell in July, as compared to the month prior, for the first time in more than two years. Daly speaks with Kathleen Hays, Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak: Asia" (First-half of the full interview)