However, interest rates must remain elevated "for some time," Brainard said
Mester's comments are notable because she is among the more consistently hawkish members
Prices down 0.1% month over month as cost of gas, used autos decline
As inflation eases, optimism rises
The global lender slashed its forecast for global growth this year by nearly half to just 1.7%
``We are not, and will not be, a 'climate policymaker,''' the Fed chair said at a conference
U.S. unemployment at 53-year low of 3.5%, wage growth at 4.6% in December
Risks remained that inflation could stay higher than expected
A jump in layoffs and unemployment claims would be an early sign of recession
Key rate range could top 5% in 2023