Fed Daly: If inflation becomes more sticky, there could be fewer than two rate cuts this year
2025-04-18 15:47:08
On April 18, the Federal Reserve Daly said that he is satisfied with the expectation of two interest rate cuts this year, < b > but if inflation is more sticky, the number of interest rate cuts this year may be less than two. If economic growth slows, further interest rate cuts will be made. Gradually lowering policy rates without a sense of urgency is the right thing to do. The Fed's only commitment is to restore price stability. The current US has a stable labor market, but still needs to achieve price stability.
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