Fed Daly: The economy shows that one or two rate cuts this year are more appropriate
2024-07-11 22:43:55
The Federal Reserve Daly said recently inflation conditions relief a sigh of relief progressdesk3cryptocurrencydesktopCrypto News
Mr. Daly said recent inflation was a relief but progress would not be smooth; inflation was expected to taper off and the labour market was slowing; the economy looked to be on a more appropriate path to one or two "more or less" rate cuts this year; more information was needed before the next step was fully taken; the fact that so many people were talking about the labour market was quite a signal from the Fed; the labour market had slowed but remained solid.
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