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Fed's Evans: Don't believe inflation will stay this high
FED'S EVANS: DON'T BELIEVE INFLATION WILL STAY THIS HIGH
— Breaking Market News (@breakingmkts) January 13, 2022
Added at 1:31pm
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Fed's Evans: Fed Strongly Expects 2, 3, 4 Rate Hikes This Year, ‘We'll See How It Plays Out’
— LiveSquawk (@LiveSquawk) January 13, 2022
- Need To Be Adjusting MonPol To Something Closer To Neutral
- After Bond Purchases Ends We Will Start Thinking About How To Bring B/Sheet Down
Added at 1:38pm
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Fed's Evans:
— DailyFX Team Live (@DailyFXTeam) January 13, 2022
-This is the year when we rebalance monetary policy
- Inflation will fall as the supply chain improves, but demand will fall slightly as interest rates rise
- Given strong inflation, the Fed's approach on monetary policy is wrongfooted
Added at 1:40pm
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*EVANS: ALIGNED WITH FOMC MEDIAN EXPECTATION OF 3 HIKES IN 2022
— zerohedge (@zerohedge) January 13, 2022