Kansas City Fed President Esther George said yesterday that “the case for continuing to raise rates remains strong” and “the direction is pretty clear”.
But, “the question of how fast that has to happen is something my colleagues and I will continue to debate,” she added.
“We have done a lot, and I think we have to be very mindful that our policy decisions often operate on a lag. We have to watch carefully how that’s coming through,” she warned.
