Daily Market Updates: Fed’s Daly sees more rate hikes as firms seek to pass on costs

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Fed’s Daly sees more rate hikes as firms seek to pass on costs

Reported · FXStreet source summary · Major Pairs

San Francisco Federal Reserve (Fed) President Mary C. Daly said on Friday that the US economy is good, but the "key problem" is inflation, adding that the “bias is that rates need to go up.”

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FXStreetFed’s Daly sees more rate hikes as firms seek to pass on costs

Forex

Fed’s Daly sees more rate hikes as firms seek to pass on costs

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