San Francisco Fed President Mary Daly Emphasizes the Unnecessary Hurry in Cutting U.S. Interest Rates

Tuesday, 2 April 2024, 17:50

San Francisco Federal Reserve President Mary Daly highlights that there is no pressing urgency to reduce U.S. interest rates. Despite this, Daly acknowledges the potential for a gradual path towards lowering borrowing costs by 2024.
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San Francisco Fed President Mary Daly Emphasizes the Unnecessary Hurry in Cutting U.S. Interest Rates

San Francisco Fed President Mary Daly on Interest Rates

In a recent statement, Mary Daly from the Federal Reserve Bank of San Francisco mentioned that there is no immediate urgency to decrease U.S. interest rates. She also stated that she can foresee a favorable path towards reducing borrowing costs by 2024.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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