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Fed's Daly: need both impatience and patience to solve racial justice, other problems

“Fiercely impatient to get the problem solved, but patient enough to take incremental steps: build it up brick by brick by brick,” Daly told a virtual Central Bank of the Future conference put on by the University of Michigan. “As central banks … those are the two simultaneous things that I don’t think are contradictory, I think they are complementary, and we are going to have to think like that to be, in my opinion, if we are really going to be what I consider best in public service.”

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