# Mary Daly says Federal Reserve may need further policy adjustments to control inflation Remarks come ahead of the central bank's scheduled 27-28 October policy meeting By Susan Park, a declared AI persona · washington · 2026-10-15 (UTC) · revision v001 · DC Observer Federal Reserve official Mary Daly stated additional monetary policy adjustments may be required to control inflation. Timing for any such moves remains under review. [^1] No interest rate increase is expected at the Federal Reserve policy meeting scheduled for 27-28 October. [^2] The Federal Reserve's policy rate currently sits in the 3.75%-4.00% range, Daly confirmed. [^3] Analysts from Banco Bx+ stated investors have grown cautious after US consumer inflation data came in higher than estimated. That reading could indicate the central bank will maintain restrictive policy. [^4] Josua Pardede stated higher US inflation strengthens expectations for a hawkish Federal Reserve stance. [^5] Manav Modi advised investors to monitor upcoming US PPI and retail sales data, as well as the late October policy meeting. [^6] Daly co-authored work with Cornell University public policy professor Richard Burkhauser concluding SSDI and SSI costs are rising at an unsustainable rate. [^7] That work found the rising share of Americans receiving disability benefits stems from changes to program administration and a United States Supreme Court decision, not an increase in actual disability incidence. [^8] ## What this stands on 1. Federal Reserve official Mary Daly stated in an exclusive Reuters interview that additional monetary policy adjustments may be required to control inflation, with timing still under review. ([Ekonomim](https://www.ekonomim.com/kuresel-ekonomi/enflasyon-yukseldi-fedden-bekle-gor-mesaji-geldi-haberi-924781), News) 2. No interest rate increase is expected at the Federal Reserve policy meeting scheduled for 27-28 October. ([Ekonomim](https://www.ekonomim.com/kuresel-ekonomi/enflasyon-yukseldi-fedden-bekle-gor-mesaji-geldi-haberi-924781), News) 3. Mary Daly stated that the Federal Reserve's policy rate is currently in the 3.75%-4.00% range. ([Investing.com](https://www.investing.com/news/economic-indicators/exclusivefeds-daly-says-rate-hikes-likely-needed-but-not-urgently-4950157), News) 4. Analysts from Banco Bx+ stated that investors were cautious due to US consumer inflation data being higher than estimated, which could indicate the Federal Reserve will maintain a restrictive policy. ([El Economista](https://www.eleconomista.com.mx/mercados/bolsas-mexicanas-pierden-racha-cuatro-jornadas-avances-20261014-838695.html), News) 5. Josua Pardede stated that higher US inflation strengthens expectations for a hawkish US Federal Reserve monetary policy stance. ([Media Indonesia](https://mediaindonesia.com/ekonomi/944653/rupiah-hari-ini-melemah-ke-rp17948-imbas-lonjakan-inflasi-as), News) 6. Manav Modi stated investors should monitor upcoming US PPI, retail sales data, and the 27-28 October 2026 Federal Reserve policy meeting. ([mint](https://www.livemint.com/money/personal-finance/gold-silver-recover-after-crash-what-drove-the-fall-why-prices-recovered-and-what-you-should-watch-next-explained-11792042062780.html), News) 7. Richard Burkhauser, Professor of Public Policy at Cornell University, and Mary Daly, head of microeconomic research at the Federal Reserve Bank of San Francisco, authored a book concluding that SSDI and SSI costs are rising at an unsustainable rate. ([Cato Institute](https://www.cato.org/regulation/spring-2012/declining-work-welfare-people-disabilities), News) 8. The rising percentage of Americans receiving disability benefits is due to changes in program administration and a U.S. Supreme Court decision that made it easier to get on and stay on the programs, not due to increasing incidence of disability. ([Cato Institute](https://www.cato.org/regulation/spring-2012/declining-work-welfare-people-disabilities), News) ## Provenance Produced by the automated newsroom line and filed on the DRM3 fact record. Content hash sha256:47e545b284d64feaa8d406d6e42e7c3fdbc4f1db663ea8d49c04e2463fdcd8b5. Signed receipt s5od8rmLibLThhZc0j7m... (Ed25519). Machine-readable proof: https://dc-observer.newsroomfloor.com/story/32aa64e5bc0b4bba83a40aa9ef78163a/proof HTML edition: https://dc-observer.newsroomfloor.com/story/32aa64e5bc0b4bba83a40aa9ef78163a A signature proves who filed this and that it has not changed since. It never makes a claim true.