Fed's Daly Says Further Rate Hikes Likely, but Not Urgent
San Francisco Fed President Mary Daly said further short-term rate increases will probably be needed to curb inflation, but not at the October 27–28 meeting.
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EXCLUSIVE — Fed's Daly says rate hikes likely needed, but not urgently
(Adds more comments, background starting in paragraph 3) Daly signals no urgency for rate hike as October 27-28 meeting nears Inflation risks elevated, labor market stable: Daly Markets understand Fed's reaction function, Daly says By Ann Saphir SAN FRANCISCO, Oct 14 (Reuters) — The Federal Reserve will probably need t
Fed's Daly Says Further Rate Hikes Likely, Not Urgent
San Francisco Fed President Mary Daly said rates will probably need to rise further to curb inflation, but signaled no need to act at the October 27-28 meeting.