Recap of remarks from Fed's Daly - base case is +50bp in September, open to +75

Earlier:

• Comments incoming from Fed's Daly - not only looking at 1 CPI report

• More from Fed's Daly: repeats that 3.4% is about right for Fed Funds for the end of 2022

Daly is often seen as a mouthpiece for Fed Chair Powell, hence here remarks are heeded.

Reuters have a recap of her interview posted here, ungated.

• "We don't want financial conditions to relax"