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Fed's Daly says big rate cut in September not needed in rebuff to Bessent
Short-term U.S. government bonds are underperforming longer-duration Treasurys after San Francisco Fed President Mary Daly pushed back against the need for an interest-rate cut of 50 basis points at the Federal Reserve's September meeting.
San Francisco Fed President Mary Daly pushed back against the need for an interest-rate cut of a half percentage point, or 50 ...
San Francisco Federal Reserve President Mary Daly has pushed back against the need for an interest rate cut of 50 basis ...
Fed officials also disagree on how tariffs will affect inflation going forward. Many increasingly believe the duties will ...
Wholesale prices rose at the sharpest monthly rate in three years, raising fresh alarm that tariffs are pushing up inflation.
The Federal Reserve is poised to lower interest rates in September. But signs of stickier inflation could limit how much ...
San Francisco Federal Reserve president Mary Daly said Wednesday that the Federal Reserve will likely need to lower rates in ...
San Francisco Fed President Mary Daly has pushed back against the need for an interest rate cut of 50 basis points at the ...
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