--- title: "Federal Reserve's Daly: It's hard to raise interest rates when the labor market is unstable" type: "News" locale: "en" url: "https://longbridge.com/en/news/278116280.md" description: "Mary Daly, President of the Federal Reserve Bank of San Francisco, stated that the current instability in the labor market makes interest rate hikes difficult. A job market with low hiring and low layoffs is susceptible to changes, and the impact of rising oil prices depends on their duration. Although wage growth is not particularly high, the employment report for February contains only one month of data, and the specific details complicate the interpretation" datetime: "2026-03-06T14:03:21.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278116280.md) - [en](https://longbridge.com/en/news/278116280.md) - [zh-HK](https://longbridge.com/zh-HK/news/278116280.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/278116280.md) | [繁體中文](https://longbridge.com/zh-HK/news/278116280.md) # Federal Reserve's Daly: It's hard to raise interest rates when the labor market is unstable San Francisco Federal Reserve President Mary Daly: A job market with low hiring and low layoffs is susceptible to changes. Both of our goals are now at risk. The impact of rising oil prices depends on how long this increase can last. The wage growth we are currently seeing is not considered excessive. The employment report for February still only contains one month of data. Specific details make the February employment report difficult to interpret. **It is hard to raise interest rates when the labor market is unstable.** More news, continuously updated... Risk warning and disclaimer The market has risks, and investment should be cautious. This article does not constitute personal investment advice and does not take into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, views, or conclusions in this article align with their specific circumstances. Investment based on this is at one's own risk ### Related Stocks - [iShares US Oil & Gas Explor & Prod ETF (IEO.US)](https://longbridge.com/en/quote/IEO.US.md) - [SttStrtSPDRS&POil&GasExplor&ProdtnETF (XOP.US)](https://longbridge.com/en/quote/XOP.US.md) - [United States Brent Oil (BNO.US)](https://longbridge.com/en/quote/BNO.US.md) - [Vanguard Financials ETF (VFH.US)](https://longbridge.com/en/quote/VFH.US.md) - [United States Oil (USO.US)](https://longbridge.com/en/quote/USO.US.md) - [Dow Jones Utility Average (.DJU.US)](https://longbridge.com/en/quote/.DJU.US.md) - [VanEck Oil Services ETF (OIH.US)](https://longbridge.com/en/quote/OIH.US.md) - [Fidelity MSCI Financials ETF (FNCL.US)](https://longbridge.com/en/quote/FNCL.US.md) - [ARK Innovation ETF (ARKK.US)](https://longbridge.com/en/quote/ARKK.US.md) - [NASDAQ Composite Index (.IXIC.US)](https://longbridge.com/en/quote/.IXIC.US.md) - [The Financial Select Sector SPDR® ETF (XLF.US)](https://longbridge.com/en/quote/XLF.US.md) - [iShares Global Energy ETF (IXC.US)](https://longbridge.com/en/quote/IXC.US.md) - [S&P 500 (.SPX.US)](https://longbridge.com/en/quote/.SPX.US.md) - [The Energy Select Sector SPDR® ETF (XLE.US)](https://longbridge.com/en/quote/XLE.US.md) - [NASDAQ-100 (.NDX.US)](https://longbridge.com/en/quote/.NDX.US.md) - [Invesco QQQ Trust (QQQ.US)](https://longbridge.com/en/quote/QQQ.US.md) - [Fidelity Nasdaq Composite ETF (ONEQ.US)](https://longbridge.com/en/quote/ONEQ.US.md) - [Dow Jones Industrial Average (.DJI.US)](https://longbridge.com/en/quote/.DJI.US.md) ## Related News & Research - [Fed's Collins sees rate policy holding steady for some time](https://longbridge.com/en/news/278149902.md) - [What are the main events for today?](https://longbridge.com/en/news/278046392.md) - [BREAKINGVIEWS-Markets’ Iran base case looks like a best case](https://longbridge.com/en/news/278090405.md) - [Iran conflict boosts U.S. Gulf oil prices to highest since 2020](https://longbridge.com/en/news/278179476.md) - [CANADA STOCKS-TSX futures slip as Middle East conflict stokes inflation worries](https://longbridge.com/en/news/278087666.md)