- Fed's Daly: Rate cuts to resume, but policy rate remains dependent on inflation declines
Notícias do Mercado
22 outubro 2024
Fed's Daly: Rate cuts to resume, but policy rate remains dependent on inflation declines
Federal Reserve (Fed) Bank of San Francisco President Mary Daly noted late Monday that while she expects the Fed to continue slowly easing interest rates lower in the coming quarters, the Fed is still maintaining a data-dependent approach.
Key highlights
Daly sees ongoing rate cuts in the near future.
Labor market slowdown is unwanted.
No reason to halt rate cuts, monetary policy remains tight.
Businesses are reporting headcount management through attrition, not layoffs.
Soft landing best achieved by adjusting policy rates as inflation declines.
Consumers' shift to lower-priced items demonstrates restricted pricing influence.
Neutral rate estimate at 2.5% to 3%.
Fed will learn through experience where neutral rate is.
O foco de mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerAbrir Conta Demo e Página Pessoal