Loading ...Fed’s Daly Says It’s Too Early to Say Rate Cut Is Needed: Bloomberg TV Interview
“It’s too early from my perspective to know whether we should use the tool at all and what magnitude of the tool we should apply,” Daly told Bloomberg Television, adding that incoming data would drive her view of what the Fed should do at its next meeting in July.
=” from the U.S. central bank show Fed policymakers are about evenly split over whether they should lower interest rates at all this year, let alone as soon as July, when they next meet to set policy.