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Home.forex news reportFed's Daly: Two rate cuts still reasonable for 2025

Fed's Daly: Two rate cuts still reasonable for 2025

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Daly says she hasn’t moved her dot since last year.

  • Need a wait-and-see posture on monetary policy, give industries time to adjust to tariffs
  • Policy is in a good place, have to be patient
  • Doesn’t have enough info to change her forecast
  • Hearing ‘cautious optimism’ from businesses

I have long said that when policymakers say they ‘still’ believe in something, they don’t really believe it.

This article was written by Adam Button at www.forexlive.com.



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