Reported about 21 hours ago
Federal Reserve Bank of San Francisco President Mary Daly stated that while growing uncertainty among businesses could dampen demand in the US economy, it does not necessitate a change in interest rates. In a LinkedIn post, she emphasized that the current interest rates are well-positioned and there are positive signs for the economy, advocating for a careful analysis of the economic landscape rather than reacting hastily to market fluctuations.
Source: YAHOO