Remarks:
- inflation could get worse before it gets better
- says inflation `will definitely get better'
- is in favor of raising interest rates in march
- fed can't be overly aggressive on rate increases
- don't expect to see 2% inflation by year-end
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Fed's Daly says in favour of a March rate hike
- President of the San Francisco Federal Reserve branch Mary Daly speaking in an interview on CNN
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