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Fed’s Daly says it’s “too early to tell” on end of rate-cutting cycle
Bloomberg Television· 2026-05-07 19:42
Is the cutting cycle over now. I don't think I think it's really too early to tell if we if the conflict ends and oil prices come back down and that doesn't get passed into the broader economy, then I expect the underlying dynamics that we were facing prior to the the conflict to return, which is policy is slightly restrictive, continues to put downward pressure on inflation, the labor market is stable right now, but it's not creating any inflationary pressures and businesses are cautiously optimistic. So, ...