Fed's Daly responds to whether there will be further rate cuts this year: The world is full of uncertainty

Odaily News When asked whether there will be further interest rate cuts this year, Fed President Daly said that the world is full of uncertainty, and policies need to remain tight. We do not want to ignore the labor market. Inflation is gradually falling, but the process is relatively volatile. We need more information and do not want to rush to an answer that we will regret. (Jinshi)