<ul><li>Fed needs to keep at rate hikes until inflation trend brakes lower</li><li>Says here view on the economy and inflation hasn’t been changed by the latest data</li><li>Data shows inflation not yet on trend to get back sustainably to 2% target</li><li>New <a target=“_blank“ href=“https://www.forexlive.com/terms/i/inflation/“ class=“terms__main-term“ id=“ad51a5a2-1afc-4f42-9e62-ea6faf6f90fa“ target=“_blank“>inflation</a> data affirms case for rate hikes</li><li>Asked about 25 bps vs 50 bps at March meeting, declines to say</li><li>Says 25 vs 50 bps discussion misses bigger picture</li><li>Says there’s more data and info to take on before debating rate rise sizes at March 21-22 meeting</li></ul><p>Again, she’s passing up an opportunity to be more hawkish than previously. She has previously said that rates need to get above 5% and stay there, so that’s not new.</p>

This article was written by Adam Button at www.forexlive.com.