Fed's Daly responds to whether there will be further rate cuts this year: The world is full of uncertainty

ChainCatcher news, according to Jinshi reports, Federal Reserve's Daly stated that monetary policy needs to remain tight until there is sustained progress on inflation. She pointed out that the current policy is in good shape and can be adjusted flexibly if necessary, but caution is needed before making the next policy adjustment.

Regarding the inflation situation, Daly mentioned that inflation is gradually declining, but the process is relatively volatile. When asked whether there will be further interest rate cuts within the year, she stated that "the world is full of uncertainties," and more information is needed to make a decision, while also paying attention to the labor market conditions. Furthermore, since the specific scope, scale, and implementation timeline of the new U.S. government's policies are still unclear, it is not advisable to rush into decisions that may lead to regret.