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Fed's Daly says rate cut was to fight...........>

FED
FED: Fed's Daly says rate cut was to fight headwinds, not stop imminent
recession (RTRS)
- San Francisco Federal Reserve President Mary Daly on Tuesday said she
supported a recent interest rate cut to counter economic headwinds but not
because she saw an imminent recession.
- "My support for this cut is based around my desire to see our economic
expansion continue - not because I see an impending downturn on the horizon,"
Daly said in a post on Quora, an online forum.
- Link: https://tinyurl.com/y2dmcqom

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