3min chapter

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There Are No Doves Left At The Federal Reserve | Nick Timiraos

Forward Guidance

CHAPTER

The Doves and the Hawkish Members of the FOMC

I think some of these things have been turned on their head. I don't know that there are true doves when you're in an inflation environment like this. Charlie Evans came out a few weeks ago and said he thought 75 would be appropriate for this meeting so there are no doves in inflation foxholes. And, and at some point I imagine we will see more of a debate around getting back to a quote unquote measured pace. But I do not see that happening right now.

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