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Fed's Daly says tariffs could help get inflation to 2%-Fox Business News

Credit: REUTERS/ANN SAPHIR

A series of U.S. tariff hikes on Chinese imports could help the Federal Reserve get inflation closer to its 2% target, San Francisco Federal Reserve President Mary Daly said on Thursday.

May 23 (Reuters) - A series of U.S. tariff hikes on Chinese imports could help the Federal Reserve get inflation closer to its 2% target, San Francisco Federal Reserve President Mary Daly said on Thursday.

"It will affect it in the way we hope which is to move it back up to 2% ... but not above," Daly said in an interview with Fox Business News.

(Reporting by Jason Lange in Washington Editing by Chizu Nomiyama)

((jason.lange@thomsonreuters.com; +1 202 310 5487; Twitter @langejason; Reuters Messaging: jason.lange.thomsonreuters.com@reuters.net))

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