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
reuters
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Original Report
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Fed likely to need to raise rates amid worsening inflation: Daly

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.