Fed Officials Lean Against Expectations of Half-Point Increase in March - WSJ

“There’s really no kind of compelling argument that you have to be faster right in the beginning” with rate increases, Mr. Williams told reporters on Friday.

Just the fastest rate in 40 years and the Fed spending the last three quarters making it worse.

Mr. Williams and several of his colleagues in recent days have suggested the Fed could raise rates in more measured, quarter-point increments unless inflation doesn’t diminish later this year as forecasters expect.

So let’s all just wait another 9 months and see what happens!