Fed’s Daly says next rate cut more likely in the fall

fortune.com/2025/06/21/fed-rate-cut-outlook-mary-daly-fall-inflation-chris-waller

Federal Reserve Bank of San Francisco President Mary Daly said an interest-rate cut this fall looks more appropriate than moving when policymakers gather in July.
“For me, I look more to the fall,” Daly said Friday in an interview on CNBC. “By then, we’ll have quite a bit more…

This story appeared on fortune.com, 2025-06-21 15:51:36.
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