Americans are on a 'treadmill of high inflation' and more rate hikes are likely, Fed's Daly says

Markets CNBC By CNBC 06 Nov 2026 18:42 1 min read
Americans are on a 'treadmill of high inflation' and more rate hikes are likely, Fed's Daly says

San Francisco Fed President Mary Daly called Friday's jobs report "good news for American workers," but noted the pressure inflation is exerting on household finances

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