Forex

Fed's Daly says need to keep an open mind about further rate cuts


2025-11-10 11:01:00

  • Fed needs to guard against inflation risks
  • But should not ignore possibility of productivity boom and faster non-inflationary growth
  • Tariff-driven price increases not spilling over into broader inflation
  • The balance of risks has shifted as the labour market has softened
  • Inflation has declined but remains elevated
  • Policy remains modestly restrictive, economy has been resilient this year

This article was written by Justin Low at investinglive.com.

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