Fed will ‘absolutely’ raise interest rates in September with focus to lower inflation: SF Fed pres Mary Daly - Fox Business

8/7/2022 12:00:00 AM2 years 8 months ago
by Stephen Sorace
by Stephen Sorace
San Francisco Fed President Mary Daly said the central bank will raise interest rates in September and promised it was "far from done" in helping to bring down inflation.
Federal Reserve Bank of San Francisco President Mary Daly on Sunday said the U.S. central bank will "absolutely" raise interest rates half a percent in September to try to bring down red-hot inflatio… [+1710 chars]
full article...