Fed's Daly stated that if inflation falls slower than expected, policy rates must be maintained at a high level for a longer time; if inflation gradually falls and labor market rebalances slowly, then the Fed can gradually adjust its policy; if inflation falls rapidly or the labor market is weaker than expected, lowering policy rates will be necessary.
ترجمة
Fed's Daly: If inflation falls rapidly or the job market weakens beyond expectations, it will be nec
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