Fed's Daly: Sees rate increases as early as March

President and CEO of the Federal Reserve Bank of San Francisco Mary Daly have stated that the Fed does not want to get too far ahead on calling a number of rate increases.

She explained that they definitely see rate increases as early as March because inflation is uncomfortably high.

She explained that it is time to start removing some accommodation and that she sees prices moderating as supply imbalances ease.

More to come...