Fed’s Daly: Unsure on next cut, economy still needs policy bridling

San Francisco Fed President Mary Daly said she “fully supported” last week’s rate cut and expects more reductions will likely be needed. However, at an event overnight, she stressed that the timing for further cuts remains uncertain.”It’s hard to say”, she said. Daly described the labor market as no longer solid but not weak either, […]

The post Fed’s Daly: Unsure on next cut, economy still needs policy bridling appeared first on Action Forex.