Mary Daly News

01.06 / 20:03

Target Progressive rate hikes The Fed's Mary Daly says rate hikes should continue until inflation is tamed

San Francisco Federal Reserve President Mary Daly said Wednesday she backs raising interest rates aggressively until inflation comes down to a reasonable level.

20.04 / 22:57

UPS Remark CME rate hikes Fed's Daly says the economy can handle rate hikes, but a mild recession is possible

San Francisco Federal Reserve President Mary Daly acknowledged Wednesday that a near-certain series of interest rate hikes over the coming months could tip the economy into a shallow recession, though she noted that isn't her expectation.

06.04 / 01:41

NASDAQ DOW Stock futures inch higher ahead of Fed minutes release

Stock futures inched higher in overnight trading Tuesday as investors await the latest insights into the Federal Reserve's policy tightening.

05.04 / 23:41

DOW Action Assurant Key people from the Fed just spooked the markets — here's what they said

If there was any question about where the Federal Reserve stands on the key issue of the day — inflation — two important officials brought even more clarity on Tuesday.

05.04 / 22:31

COST UPS rate hikes NOT Fed's Mary Daly says high inflation 'is as harmful as not having a job,' pledges rate hikes ahead

San Francisco Fed President Mary Daly is worried about inflation, telling an audience Tuesday that the high cost of living is causing a heavy burden on society.

11.02 / 16:45

FIVE Action Remark rate hikes The Fed is likely to still take a measured approach to rate hikes despite calls for bigger action

Several Federal Reserve officials, both privately and publicly, are pushing back against calls by St. Louis Fed President Jim Bullard Thursday for super-sized rate hikes, and instead suggesting the central bank is likely to embark initially on a more measured path.

01.02 / 00:41

Provident Progressive businesses Reserve Federal Reserve's Barkin says businesses would welcome higher interest rates

The U.S. economy is ready for interest rate increases to control rampant inflation, Richmond Federal Reserve President Thomas Barkin said Monday.

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