Across the board, from presumed hawks to doves, the message from committee members this week is fairly unified: they are spooked by January's inflation data.
In an extended conversation at NABE on Friday, Daly provided a lot of insight into her thinking. There was a lot to like in her answers.
The rest of the committee speaks in a near-unified voice: we can be patient with cuts.
Statements by Bowman, Goolsbee, and Powell this week revealed little we didn't already know.
Committee members continue to be tight-lipped about the timing of cuts, with almost everyone out with some version of "it will depend on the inflation data."