Federal Reserve's Daly: Two rate cuts this year are still an appropriate adjustment, and there are no signs of tariffs having a lasting impact on inflation

ChainCatcher news, according to Federal Reserve's Daly, two rate cuts this year are still an appropriate adjustment. Satisfied with the Fed's decision in July, but less satisfied 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 July decision, I am willing to wait another cycle, but I cannot wait forever. The labor market has not shown significant weakness, but it is softening, and further softening would be unwelcome."

No signs have been seen of tariffs having a lasting impact on inflation. (Jin Ten)