San Francisco Federal Reserve Bank President Mary Daly said on Wednesday she expects the U.S. central bank will need to raise rates at least four times this year, and likely more, to stop high inflation from getting worse. “There is broad agreement that inflation is too high and the policy rate is too low,” Daly said at the Los Angeles World Affairs Council & Town Hall. It is important, she told reporters after the event, to have “a little more urgency” on raising interest rates; a rate hike every other meeting “doesn’t satisfy the moment,” she said, and neither does waiting until later in the year to start reducing the Fed’s $9 trillion balance sheet. Daly’s embrace Wednesday of a series of four or more rate hikes was a notably hawkish shift from her previous support for a less aggressive stance. She also said the Fed may need to consider …