✉news BusinessEconomy first seen 16 h ago, last 15 h ago, peak #30
Fed's Daly says future rate hikes depend on economy's shock response
Original: Fed’s Daly says future hikes depend on how the economy handles shocks
San Francisco Federal Reserve President Mary Daly said future interest rate increases will depend on how the US economy absorbs ongoing shocks. Her remarks signal the central bank is taking a data-dependent, cautious stance as officials weigh inflation pressures against signs of slowing growth before deciding on further tightening.
Why now: Markets and investors are closely watching Fed officials for clues on the pace of future rate hikes.
Mary DalyFederal ReserveUS economy
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