Federal Reserve Bank of San Francisco President Mary Daly said U.S. policy makers ought to be gradually lifting interest rates to bring an economy that’s running above potential in for a soft landing. “It wouldn’t be surprising to me that we would need to go up again in December and at least a couple of times next year,” Daly told Bloomberg News in her first interview on policy since she became head of the regional Fed branch on Oct. 1. “In my modal expectation, I think that’s what will be needed.” She voted for the first time at the Fed’s policy meeting in November and will vote again at the Dec. 18-19 gathering, at ... (full story)