- Inflation reports should start to slow in H2
- Raising rates to just under 2.50% by March 2023 gives Fed 'optionality'
- Don't appreciate why Fed's most recent rate-path projections have suddenly become stale
- Latest jobs report is not indicative of overheating
Evans explained that raising rates by 50 bps puts a premium on the Fed emphasizing the ultimate top of rates and he said that will be important moving forward. Evans is generally a good barometer for the core of the FOMC.
