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Fed Daly: 4.75% – 5.25% is reasonable for policy rate end-point

Fed Daly: 4.75% – 5.25% is reasonable for policy rate end-point
San Francisco Fed President Mary Daly told CNBC that “consumers are preparing for slower economy, that’s a good start.” She added that Fed wants to see “economy slow” to “get inflation down”, and “slower inflation, labor market are encouraging “. She also said “pausing” the tightening cycle is “not part of the discussion” right now. The […] The post Fed Daly: 4.75% – 5.25% is reasonable for policy rate end-point appeared first on Action Forex... Read More
Posted: Nov 16 2022, 15:40
Author Name: actionforex
Views: 102693

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