Fed's Daly says Fed cut rates to support labor market
Federal Reserve (Fed) Bank of San Francisco President Mary C. Daly noted late on Friday that the Fed's move to cut rates was to try and bolster a weakening labor market, noting a pointed softening of the US economy over the past year.

Federal Reserve (Fed) Bank of San Francisco President Mary C. Daly noted late on Friday that the Fed's move to cut rates was to try and bolster a weakening labor market, noting a pointed softening of the US economy over the past year.

The comments come at a time when the Fed is facing not only additional scrutiny from the rate-cut-hungry Trump administration, but also questioning looks from markets about the Fed's political independence. Stephen Miran was confirmed by US Congress for his seat at the Fed's voting table just this week and sworn in an hour before the Fed's latest rate-setting meeting.

Key highlights

The job market has softened quite a bit over the last year.
Part of job-market slowing is about US economic outlook.
It's very challenging to know how much jobs slowing is from AI.
The Fed did a rate cut to try to support the labor market.

FXStreet
Trade The World
超過一百萬用戶依賴 FXStreet 獲取即時市場數據、圖表工具、專家洞見與外匯新聞。其全面的經濟日曆與教育網路研討會協助交易者保持資訊領先、做出審慎決策。FXStreet 擁有約 60 人的團隊,分布於巴塞隆納總部及全球各地。
Read More

LIVE QUOTES

Name / Symbol
Chart
% Change / Price
GBPUSD
1 D change
+0%
0
EURUSD
1 D change
+0%
0
USDJPY
1 D change
+0%
0

ALL ABOUT FOREX

探索更多工具
交易學院
瀏覽涵蓋交易策略、市場洞察和金融基礎知識的廣泛教育文章,一站式學習。
瞭解更多
課程
探索結構化的交易課程,旨在支持您在交易旅程的每個階段的成長。
瞭解更多
網絡研討會
參加現場和點播網絡研討會,從行業專家那裡獲得實時市場洞察和交易策略。
瞭解更多