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Fed's Daly says it's “too early to tell” on end of rate-cutting cycle

By Bloomberg Markets and Finance May 07, 2026 Neutral
Fed's Daly says it's “too early to tell” on end of rate-cutting cycle
Federal Reserve Bank of San Francisco President Mary Daly says it is too early to tell if the central bank is at the end of its rate-cutting cycle and explains what she is watching for on inflation expectations from consumers and producers.\
Federal Reserve Bank of San Francisco President Mary Daly says it is too early to tell if the central bank is at the end of its rate-cutting cycle and explains what she is watching for on inflation expectations from consumers and producers.\