Recently, San Francisco Fed President Daly expressed her views on the future economic situation and monetary policy. She believes that despite the slowdown in the growth of the U.S. economy and consumer spending, the overall condition remains good. Inflation is also gradually approaching the 2% target set by the Fed.

Daly stated that she expects there could be two rate cuts in 2025. However, she also emphasized that there is uncertainty surrounding this prediction and mentioned that a rate cut might be considered this fall.

Regarding the impact of tariffs on prices, Daly pointed out an interesting trend. She noted that some companies are negotiating to share the cost of tariffs, which could reduce the final costs passed on to consumers. Therefore, the impact of tariffs on prices may be milder than previously expected.

Daly's perspective provides us with insights into the future direction of the U.S. economy and monetary policy. However, given the complexity and uncertainty of the global economic environment, these predictions should still be approached with caution. Investors and policymakers need to continuously monitor changes in economic indicators to make more accurate judgments.