September 08, 2023 15:20 GMT
MNI BRIEF: Daly Says Could Be More Work To Do On Fed Goals
(MNI) OTTAWA
San Francisco Fed President Mary Daly signaled Friday she's still considering the potential to raise interest rates again to make sure inflation comes down to the central bank's 2% target.
“We all know it’s too early to declare victory on achieving our goals mandated by Congress, and there could be more work to do,” she said while introducing a panel discussion on labor markets and the future of work. (See: MNI INTERVIEW: US Services Growth Has Room To Pick Up - ISM)
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