Fed's Daly says her most likely response is a 75bp rate hike in July

Mary Daly is President and Chief Executive Officer of the Federal Reserve Bank of San Francisco. In the New York Times with this.

• her most favoured response is a 75bp rate hike
• a 100bp hike is possible

Fed talking heads have been busy since the ballistic CPI data Wednesday morning US time:

• Forexlive Americas FX news wrap: US CPI runs hot, BOC surprises with 100 bps

Nomura says +100:

• Nomura has revised their FOMC rate hike call, +100bps (from +75) coming in July

Fed heads during Asia time (so far):

• Fed's Mester says inflation too high but rate hike decision does not need to be made yet
• https://www.forexlive.com/centralbank/more-from-mester-the-risk-of-recession-has-increased-but-the-fed-must-lower-inflation-20220713/

more to come