More from Fed's Daly - 4 hikes is my preference, but most likely it'll be more

Earlier remarks are here:

Fed's Daly: Inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term is too high and has spread beyond covid-affected sectors

More now:

• how close to neutral rates will get is not certain, will depend on data
• don't see anything right now that would disrupt plans for march rate hike
• geopolitical situation is part of larger uncertainty to navigate, but not disrupting plans for liftoff
• inflation is well above goal
• need to demonstrate fed is committed not to allow perpetuating spiral of inflation
• raising rates at least four time would be my preference
• most likely it will need more than four rate hikes
• i am committed to getting demand and supply in balance
• raising interest rates isn't slamming the brakes on the economy
• the last thing you want is an economy that's going too fast
• we want to gradually move rates up
• Fed policymakers will deliberate whether balance sheet reductions will start after two rate hikes, or three rate hikes
• US unemployment rate will continue to come down this year