Published Nov 13, 2026, 1:48 PM ET · Updated an hour ago · 2 sources
Fed likely to need to raise rates amid worsening inflation: Daly
reuters
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Original Report
INFERY

San Francisco Federal Reserve President Mary Daly said on Friday that her "bias" is that the central bank will need to increase its policy rate, particularly with services inflation moving in the wrong direction and some signs of inflation persistence.