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Friday, June 20, 2025

'SF Fed’s Daly Says Next Rate Cut More Likely in the Fall'

 


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 information, and businesses are telling me that’s what they’re going to look to for some resolution.”

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