Federal Reserve San Francisco head Mary Daly speaking with media
- it is appropriate policy to get rates back to neutral
- it is premature to judge if the fed should make policy restrictive
more
- Says her 'modal' forecast is for 2 to 3 rate hikes over next period of time, exact timing uncertain
- Thinking seriously about December rate hike, but not definite
- Going back to neutral is important, her own estimate for neutral is around 2.7%
Earlier from Daly:
