Fed’s Daly keeps open mind on December, sees labor market still stable

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San Francisco Fed President Mary Daly said she supported last week’s rate cut and will approach the December meeting with “an open mind”. She believed it was “appropriate to take another bit off the policy rate,” while emphasizing that the central bank must now gauge whether the 50 basis points of easing delivered this year […]The post Fed’s Daly keeps open mind on December, sees labor market still stable appeared first on Action Forex.