Fed's Daly: Two rate cuts this year are appropriate, uncertainty in September.

On August 5, Fed's Daly stated that two rate cuts this year are still an appropriate adjustment. He is satisfied with the Fed's decision in July, but not very pleased with making the same decision again.

There is still a lot of uncertainty about whether there will be a rate cut in September. "Regarding the decision in July, I am willing to wait another cycle, but I cannot wait indefinitely. The job market has not shown significant weakness, but it is softening, and further softening will not be welcomed."

No signs have been seen that tariffs are having a lasting impact on inflation.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Share
Comment
0/400
AirdropFreedomvip
· 08-04 20:44
Is this the only interest rate cut? Let's have a big one!
View OriginalReply0
ReverseTradingGuruvip
· 08-04 20:43
Another trap is coming. Whether it drops or not, we are all waiting to die.
View OriginalReply0
LiquidityWizardvip
· 08-04 20:27
statistically speaking, this powell rly needs to learn basic liquidity math smh
Reply0
CoconutWaterBoyvip
· 08-04 20:19
What are we lowering? Inflation hasn't even been controlled yet.
View OriginalReply0
Ramen_Until_Richvip
· 08-04 20:18
When will it fall completely? I can't wait any longer.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)