Federal Reserve officials determined to rein in inflation; say 50 bps hike next month enough

After Daly's remarks, investors in futures contracts tied to the Fed's benchmark overnight interest rate pared back the probability that the central bank would raise the policy rate by 75 basis points next month.

Related Keywords

New York ,United States ,Virginia ,Richmond ,San Francisco ,California ,Jerome Powell ,Thomas Barkin ,Neel Kashkari ,James Bullard ,Mary Daly ,Federal Reserve ,Reuters ,Francisco Fed President Mary Daly ,Chair Jerome Powell ,Minneapolis Fed President Neel Kashkari ,Louis Fed President James Bullard ,Richmond Fed President Thomas Barkin ,Federal Reserve Inflation ,Federal Reserve Rate Hike ,Ederal Reserve 50 Bps Rate Hike ,Ederal Reserve Benchmark Rates ,Us Federal Reserve ,S Federal Reserve Inflation ,Us Federal Reserve Rate Hike ,S Federal Reserve 50 Bps Rate Hike ,S Federal Reserve Benchmark Rates ,