Fed’s Daly Backs December Rate Cut, Citing Vulnerable Labor Market

The views of the San Francisco Fed president are significant because she has rarely deviated publicly from the position of ...

Fed splits ahead of key December meeting as rate-cut debate grows

The odds of a December interest-rate cut have rebounded sharply. Traders are pricing in an 84.9% chance of a ...

Fed's Daly says vulnerable job market justifies Dec. rate cut - report

Federal Reserve Bank of San Francisco President Mary Daly is calling for a December interest-rate cut on the view that a ...
Devdiscourse

Mary Daly Advocates for Lower Interest Rates Amid Labor Market Concerns

Mary Daly, President of the San Francisco Federal Reserve Bank, suggests lowering interest rates in light of a deteriorating job market. She expresses less concern about inflation, noting that ...
MarketWatch

Why cut rates? Fed wanted to keep unemployment low and not 'break' economy, Mary Daly says.

We're getting more clarity as to why the Federal Reserve cut interest rates: The central bank didn't want to see unemployment rise any further and potentially "break" the economy. San Francisco Fed ...

Utilities Up on Rate Expectations - Utilities Roundup

Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing ...

Mortgage rates dropped this week amid fresh signs of job market weakness

Mortgage rates fell this week after Federal Reserve governors signaled openness to cutting benchmark interest rates next ...