“Right now that looks like what we’ll need,” Daly told reporters after a speech at Chapman University, saying she now expects to need to get rates up to 3.1%, her view of “neutral,” by year-end because the data suggests inflation has not peaked and households still have plenty of savings to spend.
“If we get more tightening or a broader slowdown in the economy than I currently expect, then anything between 50 and 75 seems like a reasonable thing to consider,” she said.
Source: Economy - investing.com
