Federal Reserve's Daly: No reason yet to stop interest rate cuts
【Federal Reserve's Daly: No reason yet to stop interest rate cuts】Financial Associated Press, October 22 - Federal Reserve's Daly stated that the Fed will continue to adjust its policies to adapt to economic conditions; further interest rate cuts are expected in the future; no reason has been seen to stop interest rate cuts; monetary policy is certainly still tight; does not want to see further deterioration in the labor market; the recent interest rate cuts by the Fed passed with only a slight margin, and I strongly supported a 50 basis point cut at that time.
