Fed's Daly: May Keep Interest Rates Unchanged

Odaily News Fed's Daly stated that interest rates may be kept unchanged; if inflation accelerates, rate hikes will be necessary; if conflicts end quickly, rate cuts may be possible. Maintaining the current policy will still curb inflation, medium to long-term inflation expectations are stable. As bank capital requirements change, reserve demand may decline, and the Federal Reserve's balance sheet could also shrink. (Jin10)