Fed's Daly: It's time to cut interest rates

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Odaily Planet Daily News San Francisco Fed Chair Daly said she believes it is appropriate for the Fed to start cutting interest rates. Daley said in an interview on Monday, "The labor market has achieved full balance. The time has come to adjust policies." This view is consistent with the remarks of Federal Reserve Chairman Powell last week. Powell said at the Jackson Hole Symposium last week that he is confident that the inflation rate is on the path to returning to 2%, and he also said, "The time has come to adjust policies." Daley vurguladı ki Fed enflasyonu %2 hedefine düşürmek zorundadır, ancak o ve meslektaşları aynı zamanda kısıtlayıcı politikanın işgücü piyasasına zarar vermesini engellemek için çaba göstereceklerdir. (Jinshi)

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