• Does not see inflation coming down quickly
• There is still a long way to go in battle against inflation
• We may have to go up further on rates
• Thinks the math (on inflation, economy) will work in Fed’s favour in months ahead

He adds that if there is a bias to take action, it might just be a little bit more as he says „we are where my dot has been“.

This article was written by Justin Low at www.forexlive.com.