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Fed’s Daly says data now justifies cutting interest rates https://t.co/iBgZequ3V0
Fed's Daly says one or two rate cuts could be appropriate https://t.co/VwvJGcHXeL https://t.co/uY8e4b78HV
Federal Reserve Bank of San Francisco President Mary Daly said given recent data on employment and inflation, some adjustment to interest rates will likely be warranted—though she stopped short of offering a specific timeline for cuts https://t.co/ePpcdzyxZS https://t.co/RyHBZT8p7p
Federal Reserve Bank of San Francisco (S.F. Fed) President Mary Daly has indicated that recent economic data on employment and inflation now justify a potential interest-rate cut. Daly mentioned that some adjustment to interest rates will likely be warranted, although she did not specify a timeline for these cuts. She suggested that one or two rate cuts could be appropriate given the current economic conditions.
