JIN10
2024.08.18 20:11
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Fed Voting Members: It's time to consider a rate cut

Federal Reserve FOMC voter Daley said this year that recent economic data has given me "more confidence" that inflation is under control. It is now time to consider adjusting the current interest rate range of 5.25%-5.50%. Despite the slowdown in the labor market, it is "not weak"

Federal Reserve FOMC voter Daley stated this year that recent economic data has given me "more confidence" that inflation is under control. It is now time to consider adjusting the current interest rate range of 5.25%-5.50%. Despite the slowdown in the labor market, it is "not weak"