San Francisco Federal Reserve President Mary Daly expressed her support for the planned interest rate hike in September. She also indicated that additional rate increases might be necessary if external economic shocks continue to impact the market, according to FX Street.
Daly’s comments suggest a cautious approach by the Fed in balancing inflation control with economic stability amid ongoing global uncertainties. The potential for further hikes highlights the central bank’s readiness to adjust policy as conditions evolve.
For Japanese investors, these developments in U.S. monetary policy remain critical, as shifts in Fed rates often influence the yen-dollar exchange rate and broader market sentiment in Asia.