Fed's Daly: Considering Interest Rate Cut in the Fall, Expects Two Rate Cuts by 2025

By: theblockbeats.news|2025/07/11 00:02:01

BlockBeats News, July 11th - San Francisco Fed President Daly stated that she still believes there may be two interest rate cuts this year, and noted that the impact of tariffs on prices may be milder than expected.

Daly revealed that some businesses are negotiating to share the cost of tariffs, thereby reducing the proportion passed on to end consumers. She stated that the U.S. economy is in good condition, with economic growth and consumer spending slowing but not weakening. Inflation is moving towards the Fed's 2% target.

Daly said, "I believe there may be two interest rate cuts, but everyone's expectations have uncertainties, considering implementing the cuts in the fall." (FXStreet)

WEEX Labs, the innovation arm of the global crypto exchange WEEX, launched the preliminary round of its flagship AI trading hackathon, AI Wars: WEEX Alpha Awakens, on January 12, 2026. Backed by world-class sponsors including AWS, the prize pool has reached $1.88 million, with a Bentley Bentayga S awaiting the champion in Dubai. Already, 788 elite teams worldwide are battling for a spot in the finals. This is more than a hackathon — it is a real-market stress test for AI trading. Registration remains open until January 18. If you want your AI to face real volatility, this is your moment.

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