23 June | Dollar

Fed’s Mary Daly forecasts interest rate cut in fall

Fed’s Mary Daly forecasts interest rate cut in fall

According to Mary Daly, President of the Federal Reserve Bank of San Francisco, an interest rate cut by the Federal Reserve (Fed) in the fall is the most optimal scenario. The official stated that by then, there will be sufficient economic data to make a decision on monetary policy, while in July the statistics might be incomplete.

Daly also viewed recent inflation figures in the country positively, but urged continued vigilance.

Earlier on Friday, Fed Governor Christopher Waller noted the central bank could lower rates as early as July. The regulator's next meeting is scheduled for July 29–30.

Anton Volkov MarketCheese
Period: 31.10.2025 Expectation: 2500 pips
Buying GBPUSD as Bank of England signals slower rate cuts
Yesterday at 09:57 AM 97
Period: 19.09.2025 Expectation: 4500 pips
Uptrend breakdown limits Bitcoin’s potential to recover
Yesterday at 09:04 AM 113
Period: 31.12.2025 Expectation: 3200 pips
Buying NVIDIA shares from technical support at $153.0
Yesterday at 06:06 AM 29
Gold buy
Period: 15.09.2025 Expectation: 18000 pips
Gold targets $3,700 amid Fed rate cut expectations and rising central bank demand
08 September 2025 297
Period: 30.11.2025 Expectation: 580 pips
Buying AUDUSD on Australian GDP growth and RBA rate hold prospects
08 September 2025 233
Period: 17.09.2025 Expectation: 1000 pips
US inflation data could trigger S&P 500 pullback to $6,430
08 September 2025 219
Go to forecasts