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Vice-Chair Quarles at Brookings Inst

FED

Quarles economic outlook Bbg headlines from Brookings event:

  • START TAPER TALK AT UPCOMING MEETINGS IF ECONOMY STRONG
  • DISCUSSION ON CHANGING RATES `REMAINS FAR' IN FUTURE
  • FED NEEDS TO REMAIN PATIENT ON ASSET PURCHASES
  • SEES RAPID GROWTH SLOWING TO STILL-ROBUST PACE IN 2022
  • RISE IN INFLATION ABOVE 2% DRIVEN BY TEMPORARY FACTORS
  • SEES INFLATION SUBSIDING TO CLOSE TO 2% DURING 2022
  • SEES MEDIUM-TERM INFLATION RISKS WEIGHTED TO UPSIDE

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