The remarks suggest that while additional monetary tightening remains a likely path to stabilize prices, policymakers are currently assessing the timing of any further increases. The board will next meet at the end of the month to determine interest rate policy.
Tuesday, October 20, 2026
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Fed's Mary Daly Predicts Further Rate Hikes After October Meeting
US Markets6 days ago
San Francisco Federal Reserve President Mary Daly said on Wednesday that the central bank will probably need to raise short-term interest rates to combat inflation. She indicated that the Fed does not need to take action at its scheduled meeting on October 27-28, signaling no immediate urgency for a move.
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