Fed Daly: No reason to stop cutting interest rates yet
2024-10-21 23:17:01
Federal Reserve Daley said Federal Reserve continue adjust policy adapt economydesk3cryptocurrencydesktopCrypto News
Fed Daly said that the Federal Reserve will continue to adjust policy to adapt to the economic situation; it is expected to continue to cut interest rates in the future; it has not seen any reason to stop cutting interest rates; monetary policy is certainly still tight; it does not want to see further deterioration in the labor market; the Fed's recent rate cuts passed only by a narrow margin, and I strongly supported a 50 basis point rate cut at the time.
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