Fed's Daley: If inflation falls back this year or another one or two rate cuts
Fed Daley said that if inflation falls back as expected, the Fed will further cut interest rates. She believes that this year and then cut rates one to two will be reasonable. But she also pointed out that the Fed may take less or more action on interest rates, depending on the data.
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
The three major U.S. stock indexes have turned lower, with the S&P 500 down 0.3%.
A whale shorted 1,232 BTC with 20x leverage, with unrealized profits reaching $28.7 million.
Numerai completes $30 million Series C funding round
"Machi" has been liquidated 145 times since the "1011 crash"