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EconomyEXCLUSIVE: Fed’s Daly says rate hikes likely needed, but not urgently

San Francisco Fed President Mary Daly said on Wednesday that the central bank will probably need to raise short-term interest rates further to curb inflation that is too high. She indicated, however, that there is no need to act at the Fed’s October 27-28 meeting.

Federal Reserveinterest ratesinflation

RReuters★★★☆☆2026-10-14 23:40Original

EXCLUSIVE: Fed’s Daly says rate hikes likely needed, but not urgently
EXCLUSIVE: Fed’s Daly says rate hikes likely needed, but not urgentlyEconomy