Fed's Daly: Economy shows one or two rate cuts this year would be more appropriate
Fed's Daly stated that the recent inflation situation is a relief, but progress will not be smooth; inflation is expected to gradually decline, and the labor market is also slowing down; the economy seems to be on the path of one or two interest rate cuts this year "more or less" appropriately; more information is needed before taking the next step completely; so many people are talking about the labor market, which is a significant signal from the Fed; the labor market has slowed down but is still stable.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pavel Durov and Elon Musk Teamed Up to Bring xAI’s Grok to Telegram’s 1B Users

SOL Strategies Filed $1B Shelf Prospectus to Expand Solana Investment Potential

Elon Musk denies $300 million partnership between xAI and Telegram
GENIUS Act Transforms Stablecoins and Drives Innovation in US Startups
Trending news
MoreCrypto prices
More








