CoinVoice has learned that, according to Federal Reserve's Daly, two rate cuts this year are still an appropriate adjustment. Satisfied with the Fed's July decision, but not very pleased about making the same decision again. There is still a lot of uncertainty about whether to cut rates in September. 'Regarding the July decision, I am willing to wait another cycle, but I cannot wait forever. The job market has not shown significant weakness, but it is softening, and further softening will be unwelcome.' No signs have been seen of tariffs having a lasting impact on inflation. (Jinshi) [Original link]