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

First reported 6 Nov 2026 · updated 14h ago · 1 source · One established outlet

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

CNBC Finance · News · Americas · 6 Nov 2026 · Original

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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