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EconomyFed's Daly: need for more hikes hinges on what happens with shocks

San Francisco Fed President Mary Daly said she supported September’s rate increase amid rising inflation risks. She said the need for additional hikes would largely depend on whether the shocks driving inflation higher fade or continue to compound.

Federal Reserveinterest ratesinflation

RReuters★★★☆☆2026-10-06 17:45Original

Fed's Daly: need for more hikes hinges on what happens with shocks
Fed's Daly: need for more hikes hinges on what happens with shocksEconomy