- March hike is data dependent
- 3 hikes a reasonable guess for fed rates in 2017
- Uncertainty from fiscal policy
- All meetings are live
- inflation moving back towards target.
- Gradual pull back of monetary accommodation
- Does not want to delay hikes for too long
- Balance sheet reinvestment will depend on economy
- Inflation will build up if we push the economy too hard
- Fiscal policy should focus on long term issues
Friday, February 03, 2017
Feds Williams. Sees some arguments to hike in March
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