Federal Reserve official Daly: Very satisfied with the expectation of two rate cuts in 2025

Wallstreetcn
2024.12.20 12:41
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Mary Daly, President of the Federal Reserve Bank of San Francisco, stated that she is very satisfied with the expectation of two rate cuts in 2025, believing that the policy and economic conditions are good enough to return to a more typical gradualism model. The latest interest rate decision is "evenly matched."

Mary Daly, President of the Federal Reserve Bank of San Francisco (2024 FOMC voting member): The policy and economic conditions are good. We can return to a more typical gradualism model. The latest interest rate decision was "evenly matched." Very satisfied with the expectation of two rate cuts in 2025.

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