(Bloomberg) — Federal Reserve Bank of San Francisco President Mary Daly said interest rates remain modestly restrictive after last month’s quarter-point cut, and that policymakers will watch for increasing weakness in the labor market. “I think a little more will be be needed over time to get that interest rate where it’s balancing out those two risks,” she said Thursday at the reserve bank’s Western Bankers Forum in Utah, referring to threats to employment and inflation. “When that is going to happen is ...