Fed's Evans says he's comfortable with two 50 bps hike this year

• I don't see the need for hikes larger than 50 bps
• Comfortable with path that includes two 50 bps hikes and gets rates to 2.25-2.50% by year end
• Won't be able to make a judgement on whether inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term pressures are easing until end of this year

There's more here than meets the eye. He's laying out a path where the Fed is essentially on auto-pilot until year end when they will decide whether they need to get above neutral next year. If they take it that far, that will leave the market guessing on whether they'll go above neutral in 2023.