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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

✦ Extractive summary — built from the sources' own reporting•From 1 source•1 min read•Updated November 6, 2026, 7:05 PM UTC
Key points
  • CNBC: Americans are on a 'treadmill of high inflation' and more rate hikes are likely, Fed's Daly says

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