The Federal Reserve needs to cut interest rates to keep the labor market healthy, but it is now down to incoming economic data to determine by how much, San Francisco Fed President Mary Daly said. “As inflation falls, we’ve got a real rate of interest that’s rising into a slowing economy; that’s a...
https://www.hellenicshippingnews.com/feds-daly-says-rate-cuts-needed-to-keep-labor-market-healthy/