“He thinks the [Fed] is right to remain focused on the risk of falling inflation.”
Christopher Low
“The chairman stayed within his game, reaffirming the recent Fed message that growth is solid, inflation risks remain to the upside, and that the path of policy is becoming highly data-dependent.”
David Hensley
“The risk is people leave with the perception that the Fed is concerned about inflation, and that the lower long-term rates stay, the more they have to push short-term rates.”
William Hornbarger
“I think [Fed Chairman Alan] Greenspan owes it to his successor and financial markets to stand firm on inflation amidst rising inflation expectations by hiking and largely sticking with the previous statement rather than catering to politicians and any pro-growth inclinations by either pausing or hiking and issuing a dovish statement,”
David Gilmore
“The Fed is telling us here that they need to check those upside risks to inflation, and those risks have intensified since the March 28 meeting. Two more rate hikes is probably consistent with the view that the end of the tightening process is 'likely to be near.”
Conrad DeQuadros
“High and rising utilization rates remain at the forefront of Fed inflation concerns.”
“I think we're going to see a worsening in the inflation data and that's going to keep the Fed on a tightening track.”
Carl Riccadonna
