Daly says Fed rate hike likely despite tech-stock dive
FROM THE WIRE · REUTERS.COM
Daly says Fed rate hike likely, despite 'painful' tech-stock dive
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishA possible Fed hike weighs on equities and bonds while tech stocks are already falling.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Daly considers a rate hike likely.
- 02The tech-stock decline is described as painful.
- 03The comments come despite the sharp tech sell-off.