Golden Finance reports that Fed's Daly stated that he previously supported interest rate cuts, which are appropriate; inflation is still above target levels and needs to be brought down; the labor market has clearly slowed.
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Fed's Daly: Inflation is still above the target level and needs to be brought down.
Golden Finance reports that Fed's Daly stated that he previously supported interest rate cuts, which are appropriate; inflation is still above target levels and needs to be brought down; the labor market has clearly slowed.