【SMM Nickel News】
iconAug 5, 2025 11:34
Source:SMM
Mary Daly, President of the Federal Reserve Bank of San Francisco, stated that given the increasing evidence of a weakening job market and no signs of persistent tariff-induced inflation, the timing for an interest rate cut is approaching. Daly mentioned that two 25-basis-point interest rate cuts this year still seem like an appropriate readjustment, and the key lies in whether the cuts will occur in both September and December, rather than whether they will happen at all.
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