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


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))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

More Related Articles

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.