News list for " Daley said"
Mr. Daly said Mr. Trump's policies should be assessed patiently. On the same day Mr. Barr, vice-chairperson of financial regulation, said the use of generative artificial intelligence could "lead to herd behaviour and concentration of risk, potentially exacerbating market volatility". Click to view...
Mr. Daley said the Fed did not need to pre-empt, still needed to return inflation to its 2 per cent target and needed to assess the "scope, scale and timing" of Mr. Trump's policies.
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.
