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Federal Reserve Bank of San Francisco President Mary Daly mentioned on Tuesday that we must assess the duration for maintaining rates at their current level. She added that inflation is gradually decreasing, though the process is erratic and gradual. Daly noted that while there's no immediate need to modify the rate; maintaining the status quo is the appropriate policy at present. She also argued that progress is being made, but there's a noticeable supply and demand disparity in the housing market. The economy is showing signs of improvement, and while there's a trajectory where interest rates begin to adjust this year, we haven't reached that point yet.
“There's a 'real risk' of cutting rates too soon.”
“If we lock inflation in at this level, that's a 'toxic tax'.”
“We want to fully bring inflation back to 2%.”
“3 rate cuts this year is 'reasonable' baseline.”
“Projection of 3 rates cuts is not a promise
风险提示:本文所述仅代表作者个人观点,不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证,对于基于该内容所采取的任何行为,不承担任何责任,除非另有书面明确说明。
