Fed's Daly: Policymakers need to keep an open mind about further rate cuts

OdailyNov 10, 2025
#Macro
San Francisco Fed President Daly said on Monday that the slowdown in U.S. job growth is more likely due to weakening demand for workers than to a decline in labor supply due to tighter immigration policies. This is an important distinction for the Federal Reserve's debate about whether to cut interest rates further.

Daly did not explicitly state in the article whether she favors another rate cut at the Fed's December meeting. (Golden Ten)

[Odaily Planet Daily]

Source
Powered by ChatGPT
All You Need to Know in 10s
Your One-Stop Crypto Investment Powerhouse

Fed's Daly: Policymakers need to keep an open mind about further rate cuts

OdailyNov 10, 2025
#Macro
San Francisco Fed President Daly said on Monday that the slowdown in U.S. job growth is more likely due to weakening demand for workers than to a decline in labor supply due to tighter immigration policies. This is an important distinction for the Federal Reserve's debate about whether to cut interest rates further.

Daly did not explicitly state in the article whether she favors another rate cut at the Fed's December meeting. (Golden Ten)

[Odaily Planet Daily]

Powered by ChatGPT
Scan QR Code to Explore more key information
One-stop financial research platform for Crypto Investors