Mary Dali, head of the Federal Reserve Bank in San Francisco, said that the rate of interest rate this fall seems more convenient than moving when politicians meet in July.
“For me, look more to the fall,” Dali said on Friday in an interview with CNBC. “By that time, we will have more information, and companies tell me that this is what they will look for for some accuracy.”
Daly described the recent inflation data – which came unexpectedly for three consecutive months – “really good news”, but warned against moving very quickly.
“I will not be preventive. I am really looking to balance our two goals,” she said.
Earlier on Friday, Federal Governor Christopher Waller said he believed the central bank could reduce prices in early July. The next meeting of Federal Reserve Studies is scheduled to be held from 29 to 30 July.
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