Federal Reserve's Daly: No reason yet to stop rate cuts

ChainCatcher message, Fed's Daly stated that the Fed will continue to adjust policies to adapt to economic conditions; further rate cuts are expected in the future; no reasons have been seen to stop rate cuts; monetary policy is certainly still tight; does not want to see further deterioration in the labor market; the recent rate cut by the Fed passed by a narrow margin, and I strongly supported a 50 basis point cut at that time.