Federal Reserve Voting Member: It's Time to Consider Cutting Interest Rates

Bitget2024/08/19 00:00

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Federal Reserve FOMC member Daly stated this year that recent economic data has given me "more confidence" in believing that inflation is under control. It's now time to consider adjusting the current interest rate range of 5.25%-5.50%. Although the labor market is slowing down, it is "not weak".

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Federal Reserve Voting Member: It's Time to Consider Cutting Interest Rates

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