Fed's Daley: Support incrementalism to deal with economic uncertainty
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2024-12-07 07:02 1,944
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Golden Finance reported that Fed Daley said that the Fed has adjusted its policy by cutting interest rates and that the current interest rate level is "about appropriate" and that she supports taking gradual measures. Daly emphasized the uncertainty of the current economic environment, and it is unclear how quickly inflation will return to the 2% target and the continued strength of the labor market. She mentioned that the Fed should carefully monitor economic data and be ready to raise interest rates again if necessary. At the same time, the synchronicity of global central bank policies is no longer as good as before, and future policies need to pay more attention to changes in the actual economic situation.