Fed's Daly says it's “too early to tell” on end of rate-cutting cycle

San Francisco Fed President Mary Daly said it is too early to conclude the Fed has ended its rate-cutting cycle. She highlighted inflation expectations from consumers and producers as a key data point she is watching, underscoring a cautious, data-dependent policy stance.

Analysis

San Francisco Fed President Mary Daly said it is too early to conclude the Fed has ended its rate-cutting cycle. She highlighted inflation expectations from consumers and producers as a key data point she is watching, underscoring a cautious, data-dependent policy stance.