We need to go at a slower pace

Federal Reserve Bank of San Francisco President Mary C. Daly said on Friday that the Fed kept interest rates unchanged this week in recognition that “we are closer to our destination”. She added that inflation is coming down, and the labor market is gradually adjusting. 


The US Dollar Index is holding onto weekly gains, hovering around 105.45, after being unable to consolidate above 105.50. 

منبع: https://www.fxstreet.com/news/feds-daly-we-need-to-go-at-a-slower-pace-202309221718

Regarding interest rates, Daly mentioned that they do not know if they need to hold interest rates at their current level or introduce more monetary tightening. 

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