Reported about 1 month ago
As Federal Reserve officials advocate for gradual interest rate reductions, San Francisco Fed President Mary Daly emphasizes the continued necessity for rate cuts. FedWatch's Ben Emons discusses the Fed's approach ahead of the November meeting, indicating that while cuts may proceed, they could do so at a slower pace. Emons also touches on current market perceptions of stability amid geopolitical tensions and the upcoming 2024 presidential election.
Source: YAHOO