Fundamental Analysis
Posted 1 hour ago
Fed's Daly: inflation risks remain high, labor market steady
San Francisco Fed President Daly signals persistent above-target inflation concerns despite a resilient labor market, suggesting the Fed can pivot toward price stability. This reinforces the Fed's data-dependent stance on rate cuts, keeping focus on upcoming Core PPI, Core Retail Sales, and PPI releases scheduled for October 15. USD supported by hawkish inflation messaging.
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Latest Updates
59 minutes ago
Fed's Daly: No Urgency to Adjust Policy Rates
Federal Reserve Bank of San Francisco President Mary Daly said there is no urgency to move rates, preferring a thoughtful and deliberate approach. The comment reinforces the Fed's cautious stance on rate cuts and signals patience on the policy path, keeping focus on PCE inflation data as the key decision trigger for USD pairs.
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