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Three Rate Cuts May Be Necessary, Says Fed’s Mary Daly

San Francisco Fed President Mary Daly has signaled that rate cuts may begin soon, warning more than two may be needed this year. Daly Signals Fed Rate Cut Likely, Warns Delay Risks Labor Harm Daly says the possible rate cuts is due to weakening labor market trends and stable inflation. According to a Reuters report,

The post Three Rate Cuts May Be Necessary, Says Fed’s Mary Daly appeared first on CoinGape.

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