Comments from Bostic
- Thinking about hiking in late third quarter or early fourth quarter in 2022
- I've adjusted my expectations moving forward
- We'll see where things develop, I'll keep an open mind. We talk a lot about data dependence and I'm going to lean into that in H1
- We are not seeing signs of damaging inflation, we will keep watching closely
- We are not seeing momentum in inflation that might be difficult but will keep looking
- We're not seeing risks of a run in housing
- If we can resolve supply chain and labor shortages, growth can rebound quickly
