Daly: Fully supports the Federal Reserve's 25 basis point rate cut last week

ChainCatcher news, according to Jinshi reports, Federal Reserve official Daly expressed full support for the Federal Reserve's 25 basis point rate cut last week. She noted that as the Federal Reserve works to restore price stability and provide necessary support for the labor market, further adjustments to policy may be needed. She emphasized that the economic risks have shifted, and now is the time to take action.