ChainCatcher News, according to Fed's Daly, two rate cuts this year are still an appropriate adjustment. Satisfied with the Fed's decision in July, but less satisfied with making the same decision again.

There is still much uncertainty about whether to cut rates in September. "Regarding the July decision, I am willing to wait another cycle, but I cannot wait indefinitely. The job market has not shown obvious signs of weakness, but it is softening, and further softening will be unwelcome."

No signs have been seen indicating that tariffs have a lasting impact on inflation. (Golden Ten)