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The Fed's Daly (non-voting member): We are closer to our destination

The Fed's Daly (non-voting member): We are closer to our destination
San Francisco Fed Pres. Mary Daly is a speaking (nonvoting member):We stood at this week on rates in recognition that we are closer to our destination. We are holding rates steady to collect information to see if more is necessary.Holding rates this week doesn't predict what we will do next.We need to go at a slower pace.We've had a good set of data in last few months, inflation is coming down.Labor market is gradually adjusting.Unequivocally good news that inflation is coming down, and labor ma... Read More
Posted: Sep 22 2023, 17:13
Author Name: forexlive
Views: 110577

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