Fed's Daly: Inflation has eased, more information needed before making interest rate decisions
I'm PortAI, I can summarize articles.
Mary Daly, President of the Federal Reserve Bank of San Francisco, stated that inflation is declining, boosting confidence in inflation falling to the 2% target. She emphasized the importance of labor market risks and inflation, stating that more information is needed to make a true decision. In addition, Federal Reserve Chairman Jerome Powell also indicated that inflation is moving towards the 2% target, potentially paving the way for a rate cut in the near future. Powell emphasized concerns about potential risks in the labor market
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments