🔔Odaily Planet Daily News! Fed's Daly said in a conference call on Thursday that given recent inflation and employment data, she is more convinced that monetary policy easing should be done sooner rather than later. She believes that some policy adjustments may be needed, but did not disclose the specific time of the interest rate cut. 🕰️
Daly emphasized that directive forward guidance, including the number and timing of interest rate cuts, is not optimal. She pointed out that the risks of the Fed's dual goals of price stability and full employment have been better balanced. 💼
However, Daly also mentioned that although monetary policy is working, "there is still considerable uncertainty about how the economy will develop." 🌐
This may be good news for the Bitcoin market! Because in the context of increased economic uncertainty, Bitcoin as "digital gold" may receive more attention and favor. 🚀🌕
Stay tuned for our updates to learn more about blockchain industry trends and cryptocurrency news! 🔍📰