Fed’s Daly: Need for More Hikes Hinges on What Happens with Shocks
5 Articles
5 Articles
Fed’s Daly Ties Next Rate Moves to Persistence of Tariffs, Oil and AI Shocks
San Francisco Fed President Mary Daly supported September's rate hike but says future increases hinge on whether tariffs, Middle East oil shocks and AI demand prove temporary or persistent. Her comments signal the Fed will tighten further if these pressures compound.
Fed’s Daly: need for more hikes hinges on what happens with shocks
Oct 6 (Reuters) - San Francisco Federal Reserve President Mary Daly on Tuesday said she supported September's interest-rate hike in the face of rising inflation risks, but feels that whether more are needed depends largely on whether the shocks that ...
Fed’s Daly: need for more hikes hinges on what happens with shocks - Regional Media News
Oct 6 (Reuters) - San Francisco Federal Reserve President Mary Daly on Tuesday said she supported September's interest-rate hike in the face of rising inflation risks, but feels that whether more are needed depends largely on whether the shocks that have been pushing up on [...]
The president of the San Francisco district of the Federal Reserve (Fed), Mary Daly, said that she strongly supported the high interest rate promoted by the US monetary authority in September and assessed that the decision was necessary in the face of the increase in inflation risks. "I was very satisfied and strongly supported the high interest rate we made in September," she said, in an interview with the Axios website. "It seemed completely n…
(Teleborsa) - The president of the Federal Reserve of San Francisco, Mary Daly, - who this year does not have the right to vote on the decisions relating to the rates - has declared that he has supported the rise in the rates of...
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