San Francisco Fed President Daly Says Higher Rates 'Are Likely to Be Needed' in Inflation Fight

Fed’s Daly Says More Rate Increases Likely Needed to Tame Prices

Federal Reserve Bank of San Francisco President Mary Daly said more interest rate increases are likely to be needed to tame inflation, but she said it was too soon to know how much higher rates will need to go.

San Francisco Fed President Daly says higher rates 'are likely to be needed' in inflation fight

Daly called Friday's jobs report "good news for American workers," but noted the pressure inflation is exerting on household finances

Fed’s Daly says further rate hikes likely needed to curb inflation

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Fed's Daly signals further policy tightening amid inflation concerns

Further policy tightening could slow economic growth, impact borrowing costs, and influence global markets, as inflation remains a key concern.