By Ann Saphir
Feb 3 (Reuters) - San Francisco Federal Reserve Bank
President Mary Daly on Friday said the 5.1% policy rate that
most Fed policymakers thought as of December would ultimately be
needed is a "good indicator" for where policy is going, but the
central bank could take rates even higher.
"I'm prepared to do more than that, if more is needed," Daly
told Fox Business Network.
She spoke hours after the U.S. Labor Department earlier on
Friday reported employers added more than a half million jobs in
January, a "wow" number Daly said but in line with recent data
showing the labor market remains strong despite the overall
economy slowing.
(Reporting by Ann Saphir; Editing by Chris Reese)
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