Fed's Daly: Ready to Raise Rates Further if Needed, Emphasizes Prudent Policy Decisions

BlockBeats news, November 7 - San Francisco Fed President Mary Daly stated that the Federal Reserve is prepared to raise interest rates further if necessary, and monetary policy still needs to be tightened. However, how much more tightening is needed and when to take action still require more information to judge.

Daly emphasized that the Federal Reserve must act prudently.