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Fed Official Daly: Anticipates Two Rate Cuts by 2025, Suggesting Tariffs May Have a Subdued Effect on Prices
2 week ago /
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Author：小编
Mary Daly, President of the Federal Reserve Bank of San Francisco, forecasts the possibility of two interest rate reductions by 2025, and she opines that the impact of tariffs on prices could be less pronounced than initially anticipated. Daly highlights that several companies are engaging in negotiations to share tariff costs, thereby mitigating the need to pass a significant portion of these costs on to consumers.
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