Fed's Daly: The likelihood of a rate hike is lower than a rate cut or maintaining the current rate.

CoinFeed reported on April 10th that, according to Jinshi Data, Federal Reserve Chairman Daly believes the likelihood of an interest rate hike is lower than a rate cut or maintaining the current rate. He stated that if the Iranian conflict is resolved quickly and oil prices fall, a rate cut is "not impossible." The real question is whether the ceasefire can be sustained; if it can, then CPI data will be irrelevant.