San Francisco Fed President: Signs of weakening demand may have emerged. Beware of high interest rates dragging down the economy.

According to the Economic Observer app, Mary Daly, the president of the Federal Reserve Bank of San Francisco, stated that the US economy may be experiencing a slowdown in demand, while inflationary pressures related to tariffs are currently under control. She warned that if the Federal Reserve maintains high interest rates for a long time, it may harm the economy.