Fed’s Daly says rate hikes likely needed, but not urgently: SAN FRANCISCO:

Fed’s Daly says rate hikes likely needed, but not urgently: 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. #FederalReserve #InterestRates #Inflation #FinanceNews #EconomicPolicy