Fed's Daly: We would be able to adjust rates in the fall
View all comments(0)
Mary Daly, President of the Federal Reserve Bank of San Francisco, indicated that she is observing growing signs that tariffs might not result in a significant or prolonged inflation increase, which could support the argument for a rate cut in the fall.
Key Quotes
- Muted tariff impact may open the door to a cut in the fall.
- Evidence is increasing that tariffs may not lead to a large or sustained inflation surge.
- Although the labour market is slowing, there are no warning signs that it is weakening.
- Monetary policy is in a good place currently.
- The modal outlook has been for some time that rates would begin to be adjusted in the fall.
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Like
Recommended Articles
Featured Tools
Top News
Today’s Market Recap: Nasdaq Falls Over 5%, AI Stocks Plunge as Nvidia Drops Over 9%, Micron Falls Over 17%, SanDisk Drops Over 22%

US Nonfarm Payrolls expected to pick up in October

SpaceX Falls Over 9%, Down Nearly 30% From October High; Musk Reposts Investor Analysis on Texas Proposed Pause on New Data Center Approvals

Tesla Rises Nearly 3% Premarket as Musk Says Texas Plant to Phase Out Cybertruck Production by Mid-2027 to Make Way for Cybercab Expansion

Nasdaq Drops Over 5%, Philadelphia Semiconductor Index Plunges 12% as Chip and AI Infrastructure Stocks Are Sold Off; Micron Falls 17%, Nvidia Drops 9%








Comments (0)
Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.