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Mary Daly Says Fed Is Ready to Raise Rates Further if Needed
Daly said the Fed still needs to tighten, but officials need more information before deciding how much further to go and when to act.

The Federal Reserve is prepared to raise interest rates further if needed, San Francisco Fed President Mary Daly said Nov. 7, while leaving the amount and timing of additional tightening open.
Daly said monetary policy still needs to tighten. She said policymakers need more information to determine how much further tightening may be needed and when to act.