Fed Official Daly: Policy Well-Positioned, Affording Patience
2025-04-09 / Read about 0 minute
Author:小编   

Mary Daly, President of the Federal Reserve Bank of San Francisco, spoke at Brigham Young University on Tuesday, stating that the Federal Reserve can afford to be patient before adjusting interest rates, observing the repercussions of shifts in trade policy. Daly highlighted that the Fed had reduced interest rates by 100 basis points last year, positioning the policy in a favorable spot to manage inflation moderately without compromising economic stability. She emphasized that with the current robust economic growth and an appropriate monetary policy in place, the Federal Reserve has the luxury of time to act cautiously and does not need to rush into interest rate adjustments.