Fed's Daly: Economic data suggest one or two rate cuts this year are more appropriate

Golden Finance reported that Fed's Daley said that the recent inflation situation is a relief, but the progress will not be smooth; it is expected that Inflation will gradually decline, and the labor market is also slowing down gradually; the economy seems to be on the path of reducing interest rates once or twice this year, which is more appropriate 'long or less'; more information is needed before taking the next step completely; so many people are talking about the labor market, which is a significant signal sent by the Fed; the labor market has slowed down but remains stable.