Federal Reserve Voters Daley: No sense of urgency to cut interest rates
"We don't need to have a sense of urgency," Mary Daly, chairperson of the San Francisco Fed and a member of the 2024 FOMC voting committee, told PBS's "News Hour" program on Wednesday. "There is no sense of urgency, but we do need to continue to carefully adjust our policy to make sure it's consistent with our economy today and the economy we expect to have going forward."
She added that policymakers would discuss the best course of action at the Fed's December 17-18 meeting in Washington. Daly, one of the rate-setters on the FOMC this year, did not say whether she would support a rate cut at the next meeting.