Evans: It’s likely Fed funds peak will be revised ‘slightly higher’ in December


  • Comments from the Chicago Fed President
Adam Button

Adam Button

Friday, 04/11/2022 | 18:39 GMT-0

04/11/2022 | 18:39 GMT-0

Note that the December meeting will be the final one for Evans before he retires.

This is the first indication of how much higher the Fed is thinking about going in 2023. ‘Slightly higher’ might puts anything in the 4.75-5.50% range in play. The Fed funds market is at 5.10%.

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