Fed's Daly: We will have to be data-dependent on rate hikes – by eren_fxstreet Fed CentralBanks
Additional takeaways"We will have to be data-dependent on rate hikes.""No doubt that we need more restrictive policy.""I still think September projections are really reasonable.""Mindful about making sure inflation doesn't become embedded.""We can correct our course if needed.""Not hearing signs of recession when talking with contacts in the district.""We are committed to bringing demand back in line with supply.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How Mariners president Catie Griggs is breaking barriersThe Seattle Mariners are in the playoffs the first time since 2001. But that's not the only history the franchise has made recently. In July 2021, Catie Griggs became Seattle’s president of baseball operations. She’s not only the first ever female president in Mariners history, she’s also the only female with the “president” title in Major League Baseball. Griggs, 40, recently talked to Yahoo Finance about her journey—and her innovative work with the Mariners over the past 15 months or so.
Read more »
Fantasy Football Week 6 Bust Candidates: Big-name RB trio set to scuffleEditor's note: The players listed below are NFL stars who were drafted in virtually every Yahoo Fantasy league. That said, this column is not an endorsement to bench them in Week 6. You're in control of your roster; every league size and shape is different. What we are trying to explain is that expectations should be lowered this week compared to usualfor some of the NFL's biggest stars. Aside from examining this week's matchups, this can also serve as a reminder not to overreact if one of your high draft picks disappoints in Week 6.
Read more »
Fed Critics Say New CPI Data Shows Rate Hikes Can't Stop 'Rampant Corporate Profiteering''Rampant corporate profiteering can't be solved by additional rate hikes,' said Groundwork's rakeen_mabud. 'The Fed's overly aggressive actions are shoving our economy to the brink of a devastating recession.'
Read more »
Asian markets fall as hot U.S. inflation reading could push Fed toward more big rate hikesAsian stocks fell Thursday ahead of an update on U.S. inflation that investors worry will reinforce the Fed's plans for more aggressive interest rate hikes.
Read more »
This key inflation measure shows prices rose faster than expected last month | CNN BusinessA key measure of inflation increased faster than expected in September, raising concerns that the Federal Reserve's aggressive rate hikes are having limited impact in bringing inflation under control.
Read more »
Bitcoin back below $19,000 as crypto market falls following U.S. inflation dataCrypto markets were highly volatile following Thursday's hot U.S. inflation data, with further rate hikes now expected.
Read more »