Fed's Daly Says Further Tightening Will Be Needed
San Francisco Fed President Mary Daly said her bias is that further tightening will be needed, citing persistent inflation pressure beyond sectors directly affected by tariffs or oil.
San Francisco Fed President Mary Daly says that her bias is the Fed will have to tighten more. "My bias is that further tightening will be needed because you just see this consistent pressure on inflation that isn't simply in the sectors that are most directly affected by tariffs or oil," Daly said…