• Fed's Daly: Confidence is growing that inflation is heading lower

Noticias del mercado

15 julio 2024

Fed's Daly: Confidence is growing that inflation is heading lower

Federal Reserve (Fed) Bank of San Francisco President Mary Daly refused to give time-based guidance on the Fed's likely pace of rate cuts but acknowledged that significant progress has been on inflation.

Key highlights

Sees growing confidence in nearing 2% inflation goal.

More information needed before making rate decision.

Not going to provide time-based rate cut guidance.

Sees progress towards goals, but not yet achieved.

Enfoque del mercado
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