Odaily Daily News San Francisco Fed President Daly said on Friday that the 25 basis points cut in interest rates by the Fed this week was a “difficult decision”, and she agrees with Fed Chairman Powell’s view that caution needs to be maintained in future policy adjustments. “For me, the most important thing is that we need to readjust our policies. I think it was a very difficult decision to make. Now I feel that we have gone through the recalibration phase and entered the next phase, when we will truly receive the information we need to follow.” (Golden Ten)
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La decisión de recortar las tasas de interés esta semana fue muy difícil, dijo Powell de la Reserva Federal.
Odaily Daily News San Francisco Fed President Daly said on Friday that the 25 basis points cut in interest rates by the Fed this week was a “difficult decision”, and she agrees with Fed Chairman Powell’s view that caution needs to be maintained in future policy adjustments. “For me, the most important thing is that we need to readjust our policies. I think it was a very difficult decision to make. Now I feel that we have gone through the recalibration phase and entered the next phase, when we will truly receive the information we need to follow.” (Golden Ten)