Fed's Mary Daly says time is nearing for rate cuts — may need more than two
1. Fed's Daly suggests interest rate cuts may be imminent due to labor market softening. 2. Recent job numbers indicate a significant slowdown in employment growth. 3. No current evidence of tariff-driven inflation affecting broader price levels. 4. Daly keeps an open mind for potential rate adjustments in upcoming meetings. 5. Fed’s policy is approaching a critical tradeoff between inflation and employment.