Forex
globalreutersOctober 15, 20241 Mins read
Fed’s Daly: If forecast met, she sees one or two rate cuts this year
globalreutersOctober 15, 20241 Mins read This comment is surprising as it validates fears of a Fed pause. The market is pricing in 45 bps in cuts this year so the two cuts are nearly priced in.
Daly is a dove and can be a mouthpiece for Powell. I’d take this as hawkish.
More:
- “Las Vegas is a very good bellwether for where consumer spending is,” and if it slows, that’s something to pay attention to.
This article was written by Adam Button at www.forexlive.com.
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