Federal Reserve's Daly: The rate cut in September is a moderate adjustment of monetary policy

ChainCatcher news, according to Jinshi reports, Federal Reserve's Daly stated that the interest rate cut in September is a moderate adjustment of monetary policy, and the recent inflation readings are just slightly above 2%. Households, businesses, and markets have seen progress in inflation and believe that this progress will continue. The Federal Reserve's monetary policy remains restrictive and is working to reduce inflation.