Fed's Daly: One or two more rate cuts possible this year

BlockBeats news, on October 10, Fed Chairwoman Daly said that she fully supports a 50 basis point rate cut in September; she is confident in the path to achieve the 2% inflation target; she may cut rates once or twice this year; the policy rate is stable, and the real rate is rising; she will pay attention to data, monitor the labor market and inflation, and adjust interest rates as needed; the magnitude of the September rate cut does not mean the speed or magnitude of future rate cuts. (Jinshi)