San Francisco Fed President Daly said the Fed is prepared to raise rates further if needed and that policy still needs tightening. She said how much more tightening and the timing depend on additional incoming information, and emphasized the Fed must act cautiously.

2026-11-07

San Francisco Fed President Daly said the Fed is prepared to raise rates further if needed and that policy still needs tightening. She said how much more tightening and the timing depend on additional incoming information, and emphasized the Fed must act cautiously.