The Fed: SF Fed’s Daly says ‘a couple’ more rate hikes are likely this year to fight inflation

The Fed: SF Fed’s Daly says ‘a couple’ more rate hikes are likely this year to fight inflation

Upworthy

Published

The head of the San Francisco Federal Reserve said a key U.S. interest rate is likely to be raised a “couple” of a more times this year to combat “persistently” high inflation. Mary Daly said inflation is slowing, but it’s still far too high. “I think it’s a very reasonable projection to say a…

#marydaly

Full Article