Fed wants to see tighter conditions, though not all at once
I’d rather be more deliberative and intentional than hiking 75 bps
Once at neutral, Fed in a ‚good position‘ to evaluate economy
We need to be resolute in bringing rates back to neutral
Goal is to bring inflation under control but also sustain expansion and labor markets

Ther’s been a small respite for risk trades on her comments, but you have to squint at the chart.