BREAKING NEWS
latest

728x90

468x60

Tuesday, August 20, 2019

Fed's Daly says rate cut was to fight headwinds, not stop imminent recession





(Reuters) - San Francisco Federal Reserve President Mary Daly on Tuesday said she supported a recent interest rate cut to counter economic headwinds but not because she saw an imminent recession.



"My support for this cut is based around my desire to see our economic expansion continue – not because I see an impending downturn on the horizon," Daly said in a post on Quora, an online forum.

Original Article
« PREV
NEXT »

Facebook Comments APPID