Fed’s Daly Says ‘Premature’ to Decide on December Rate Cut
“It’s premature to say definitely ‘no cut,’ or ‘definitely a cut,’” Federal Reserve Bank of San Francisco President Mary Daly said about whether policymakers should lower interest rates when they...
By Bloomberg Markets · Bloomberg Markets
“It’s premature to say definitely ‘no cut,’ or ‘definitely a cut,’” Federal Reserve Bank of San Francisco President Mary Daly said about whether policymakers should lower interest rates when they gather in December. Daly said she is keeping an “open mind” about the decision during an event in Dublin, Ireland on Thursday. (Source: Bloomberg)