Fed's Daly: More rate hikes likely, timing under consideration
Federal Reserve President Mary Daly said the central bank will probably need to increase short-term interest rates further to rein in too-high inflation, but signaled no need to do so at the October 27-28 meeting.
Original · FXStreet AI summary of public reporting
Why: Fed signals more hikes ahead → pressure on equities
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At publication → CurrentSP5007,702 → 7,695−0.1%
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