The Tape
Markets, money, and the policy that moves them.
Sunday, November 8, 2026 · UTC
The Markets

Daly signals further Fed rate hikes as gold traders flag overbought conditions

On 6 November 2026, Federal Reserve and gold market officials outlined near term market drivers.

Marcus Vance
Markets Reporter
Share on X
Stands on 5 placed sources from 3 publishers.
As of 2026-11-07 04:48 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.
San Francisco Federal Reserve President Mary Daly stated on 6 November 2026 that further US interest rate hikes are likely required to reduce high inflation.[1] Daly noted US labor market conditions remain stable, but real wages continue to trail the rate of inflation.[2]