Fed's Daly: If data stay hot, will need to raise rates more – by fx_ross Fed DollarIndex CentralBanks
. Her comments are gearing up the market for hawkish rhetoric from Powell and a solid outcome in the jobs data. However, as Reuters reported, she said ''that to return to raising rates by bigger increments as the Fed did last year, instead of the quarter-point-a-meeting pace now expected, she would need to be very certain of how high rates will need to go. She said she is less certain now than she was last year,'' Reuters added.
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