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San Francisco Fed President Daly says higher rates 'are likely to be needed' in inflation fight

CNBC reported on Fri Nov 6, 12:39 PM CT, unconfirmed by other outlets so far: San Francisco Fed President Daly says higher rates 'are likely to be needed' in inflation fight.

What happened

Source summary (excerpt): “Daly called Friday's jobs report "good news for American workers," but noted the pressure inflation is exerting on household finances” Sourcing: single source, treat as unconfirmed until corroborated.

Reported from CNBC. Site-only brief: it was not posted on X.

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