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Fed's Daly says rate hikes likely needed, but not urgently

📍 United States, US·🕐 11d ago·2 outlets

SAN FRANCISCO:The Federal Reserve will probably need to increase short-term interest rates further to rein in too-high inflation, San Francisco Federal Reserve president Mary Daly said on Wednesday, but she signaled there is no need to do so at the US central bank's Oct 27-28 meeting.

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[Claude] Report 3 is a rewrite of the same Daly remarks as Report 1, while Report 2 covers a separate market reaction to inflation data rather than Daly's statement.

11d ago
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89%

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