Fed’s Daly says ‘premature’ to rule out another 0.75% rate hike

Fed’s Daly says ‘premature’ to rule out another 0.75% rate hike

San Francisco Fed President Mary Daly said Monday it’s premature to take another 75-basis point rate hike off the table ahead of the central bank’s December policy meeting.

“It’s premature in my mind to take anything off the table,” Daly said when asked during a media Q&A whether a 75-basis point rate hike is still possible for the next policy meeting if forthcoming inflation reports came in hot. “I’m going into the meeting with the full range of adjustments that we could make…


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