Fed’s Daly: We need to go at a slower pace

unchanged this week in recognition that “we are closer to our destination”. She added that inflation is coming down, and the labor market is gradually adjusting.

Regarding interest rates, Daly mentioned that they do not know if they need to hold interest rates at their current level or introduce more monetary tightening. The US Dollar Index is holding onto weekly gains, hovering around 105.45, after being unable to consolidate above 105.50. Information on these pages contains forward-looking statements that involve risks and uncertainties.

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