<p>San Francisco Fed President Daly said that recent economic data has given her &#34;more confidence&#34; that inflation is under control. She stated that it is time to consider adjusting interest rates from the current range of 5.25-5.5%. She called for a &#34;cautious&#34; approach to gradually lowering rates. (Financial Times)</p>

<p>San Francisco Fed President Daly stated that recent economic data has strengthened her confidence that inflation is under control. She believes it is time to consider adjusting the interest rate from the 5.25-5.5% range and advocates for a cautious approach to gradually lowering rates</p>

Fed's Powell: Supporting gradual rate cuts as confidence in inflation strengthens