San Francisco Fed President Daly supports Powell's hawkish view: The Fed is in no rush to cut interest rates.

The Zhixin Finance APP learned that Mary Daly, president of the San Francisco Fed, said on Wednesday that the strong performance of the U.S. economy allows Federal Reserve policymakers to remain patient and wait for more evidence to observe how the new round of tariff policies led by the Trump administration will affect American businesses and households. Daly's latest remarks are in line with the hawkish comments made by Fed Chairman Powell last week, when Powell emphasized in a press conference after the interest rate meeting that the Fed does not need to rush to adjust interest rates. The U.S. economy continues to show resilience, and the current policy is moderately restrictive and cost-effective. He also said that President Trump's calls for rate cuts will not affect the Fed's work.