Recent news shows that Mary Daly, the president of the San Francisco Federal Reserve Bank, expressed important views on the direction of the U.S. monetary policy during a recent media interview. Despite the latest economic data showing strong retail sales and an unexpected rise in wholesale prices, Daly still believes that the monetary policy could start to be relaxed as early as next month.

Daly pointed out that although the labor market shows signs of weakness and economic growth has slowed, considering that the inflation rate is still above the target set by the Federal Reserve, she expects 'a reasonable expectation for two rate cuts this year.' This statement reflects the Federal Reserve's cautious attitude in balancing economic growth and inflation control.

Daly's remarks have sparked widespread discussion in the market about the future direction of the United States monetary policy. Analysts believe this indicates that the Federal Reserve may be preparing to gradually ease monetary policy, while also closely monitoring changes in inflation data. Investors and economists will continue to pay attention to subsequent statements from Federal Reserve officials, as well as upcoming economic data, to better anticipate the timing and magnitude of adjustments to U.S. monetary policy.