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First Bostic, Now Kaplan Air 2022 Rate Hike Opinion

FED

After Atlanta Fed Pres Bostic called for two hikes in 2022 and two more in 2023 earlier today, Dallas Fed Pres Kaplan sees first rate hike in 2022 followed soon after by taper. Bbg interview headlines:

  • DALLAS FED'S KAPLAN FORECASTS FIRST RATE INCREASE IN 2022
  • KAPLAN SEES 2022 INFLATION MODERATING, BUT BROADENING
  • KAPLAN SEES 2021 PCE INFLATION AT 3.4%, SLOWING TO 2.4% IN '22
  • KAPLAN REPEATS SUBSTANTIAL PROGRESS REACHED SOONER THAN LATER

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