# Fed's Daly sees more rate hikes as firms seek to pass on costs

> San Francisco Fed President Mary Daly said inflation is the key problem and that the bias is for rates to go up, adding that a further hike is likely. She noted producers want to pass on costs and that consumer spending has been resilient. Her remarks came on Friday, November 13.

- Date: 2026-11-13 · published 2026-11-14T00:10:11.409Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/98579-fed-s-daly-sees-more-rate-hikes-as-firms-seek-to-pass-on-costs
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expectations of further tightening support the dollar and raise financing costs for feed mills, feedlots and farmers, which can dampen demand for feed ingredients and weigh on commodity prices.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-06-13 | [Dollar mostly firmer as Fed sees more U.S. rate hikes \| Reuters](https://feedsoft.ai/events/64708-dollar-mostly-firmer-as-fed-sees-more-u-s-rate-hikes-reuters.md) | +1.3% | +0.6% |
| DXY | 2023-07-01 | [Oil drops 1.5% as Fed projects more rate hikes this year](https://feedsoft.ai/events/35655-oil-drops-1-5-as-fed-projects-more-rate-hikes-this-year.md) | -0.3% | -1.3% |
| DXY | 2021-09-23 | [Gold prices ease as dollar firms on Fed rate hike comments \| Financial Post](https://feedsoft.ai/events/44965-gold-prices-ease-as-dollar-firms-on-fed-rate-hike-comments-financial-post.md) | +1.0% | -0.0% |
| DXY | 2019-08-01 | [Gold prices slip to two-week low as US Fed dashes hopes of more rate cuts](https://feedsoft.ai/events/57513-gold-prices-slip-to-two-week-low-as-us-fed-dashes-hopes-of-more-rate-cuts.md) | +1.1% | +2.1% |
| DXY | 2023-03-02 | [Dollar firms after U.S. labor data suggests more rate hikes \| Reuters](https://feedsoft.ai/events/37076-dollar-firms-after-u-s-labor-data-suggests-more-rate-hikes-reuters.md) | +0.7% | -0.8% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/feds-daly-sees-more-rate-hikes-as-firms-seek-to-pass-on-costs-202611131757

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.