Fed's Daly: Supporting gradualism to address economic uncertainty

Golden Finance reported that Federal Reserve Chair Daly stated that the Federal Reserve has adjusted its policy by lowering the Intrerest Rate, and the current level is ‘approximately appropriate’, with her support for taking gradual measures. Daly emphasized the uncertainty of the current economic environment, the pace of inflation returning to the 2% target, and the continued strength of the labor market are still unclear. She mentioned that the Federal Reserve should carefully observe economic data and be prepared to raise interest rates again if necessary. At the same time, the synchronicity of global Central Bank policies is no longer as strong as before, and future policies need to pay more attention to changes in the actual economic situation.