2026년 2월 9일 · Unknown · financial · 출처 Yahoo Finance
This article first appeared on GuruFocus.
Mary Daly is sounding increasingly open to more interest-rate cuts, saying she's growing more concerned about cracks forming in the job market than lingering inflation risks.
Speaking to Reuters, the San Francisco Fed president said she supported last week's decision to keep rates steady in the 3.50%3.75% range. Still, she added that policymakers could have made a case for trimming rates further, especially if labor conditions continue to soften.
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Daly said cutting rates requires being extremely confident that inflation is firmly moving lower and that tariff related price pressures will fade. But she also warned that the labor market may be weaker than headline data suggests. In her view, today's sluggish hiring environment could quickly flip into layoffs if demand slows.
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