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Fed's Waller: I expect inflation to be 2.5% this year
FED'S WALLER: I EXPECT INFLATION TO BE 2.5% THIS YEAR.
— Breaking Market News (@financialjuice) April 16, 2021
Added at 10:21am
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Fed's Waller: US Economy Is Ready To Rip - CNBC Interview
— LiveSquawk (@LiveSquawk) April 16, 2021
- Sees 6.5% GDP Growth This Year, Sees Inflation 2.5% For 2021
- Unemployment Seen Dropping Further
Added at 10:21am
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FED'S WALLER: WE WILL SEE AN INCREASE IN DEMAND AS A RESULT OF THE STIMULUS PACKAGE AND PENT-UP SAVINGS
— Breaking Market News (@financialjuice) April 16, 2021
Added at 10:22am
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FED'S WALLER: WE ALSO HAVE SOME ROOM TO MAKE UP FOR LOST GROUND. THERE IS STILL A LONG WAY TO GO, AND THERE IS NO REASON TO START PULLING THE PLUG.
— Breaking Market News (@financialjuice) April 16, 2021
Added at 10:23am
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- Fed's dot plot of forecasts on rates isn't helping us
— DailyFX Team Live (@DailyFXTeam) April 16, 2021
- Markets are getting ahead of themselves in terms of expecting rate hikes