Today: May 21, 2024
Today: May 21, 2024

Fed President Daly warns against calling time on rate-rising cycle too soon - FT

Share This
LA Post: Fed President Daly warns against calling time on rate-rising cycle too soon - FT
November 15, 2023
Reuters

(Reuters) - San Francisco Federal Reserve President Mary Daly warned against calling time on rate-rising cycle too soon, in an interview to Financial Times on Wednesday.

Daly refused to rule out another interest rate increase, given uncertainty about whether the central bank has done enough to push consumer price growth back down to its 2 per cent target.

She indicated little concern about the recent sharp fall in US government bond yields, which has loosened financial conditions, according to FT.

(Reporting by Urvi Dugar in Bengaluru)

Popular

Former Florida signee Jaden Rashada sues coach Billy Napier and others over failed $14M NIL deal

Former Florida recruit and current Georgia quarterback Jaden Rashada is suing Gators coach Billy Napier and the program’s top booster over a failed name, image and likeness deal worth nearly $14 million

Former Florida signee Jaden Rashada sues coach Billy Napier and others over failed $14M NIL deal

Trump would be surprised by Cannes biopic 'The Apprentice,' says director

Donald Trump would likely be surprised by "The Apprentice," director Ali Abbasi said on Tuesday of his biopic about Trump's early years as a real estate

Trump would be surprised by Cannes biopic 'The Apprentice,' says director

China will control property sector risk, says vice premier

China will control the intertwined risks in the property sector, local government debt and small local financial institutions, Vice Premier He Lifeng said on Tuesday.

China will control property sector risk, says vice premier

Graceland is not for sale, Elvis Presley's granddaughter Riley Keough says in lawsuit

The granddaughter of Elvis Presley is fighting an attempt to publicly auction his Graceland estate in Memphis

Graceland is not for sale, Elvis Presley's granddaughter Riley Keough says in lawsuit

Related

Apple says US antitrust lawsuit should be dismissed

Apple says US antitrust lawsuit should be dismissed

What are AI PCs?

What are AI PCs?

Slowing EV uptake may delay Panasonic's EV battery expansion, CEO says

Slowing EV uptake may delay Panasonic's EV battery expansion, CEO says

Companies look to lengthen currency hedges as elections loom, survey shows

Companies look to lengthen currency hedges as elections loom, survey shows
- Advertisement -
Advertisement: Limited Time Offer