According to Charles Evans, president of the Chicago Fed, the Federal Reserve must reach an interest rate level soon where decision-makers may pause without feeling uncomfortable.
This will lessen the possibility of overshooting.
"Considering how much below neutral rates were, front-loading was a positive thing.
Evans said on Monday in remarks that were prepared for a lecture at the National Association for Business Economics conference in Chicago.
This emphasises the need of developing a plan to reach a point when policy can rest and assess information and developments.
Since March, when the federal funds rate first increased, the Fed has been swiftly hiking rates.