Daly says future rate hikes depend on shocks
San Francisco Fed President Mary Daly stated that future interest rate increases hinge on whether inflation shocks prove temporary or persist. She highlighted factors like tariffs, energy costs, and AI demand.
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San Francisco Federal Reserve President Mary Daly stated on Tuesday afternoon that further interest-rate hikes depend on whether inflationary shocks prove temporary or compound over time. The remarks follow the FOMC's September rate adjustment amid persistent cost pressures. Investors are weighing whether supply chain disruptions and technological demand will force central bankers to tighten policy further.
