Fed's Dudley: Fed forecast for three 2018 hikes is a reasonable starting point
|After delivering his prepared remarks, New York Fed President William Dudley is responding to questions from the press.
Key quotes (via LiveSquawk)
Fed forecast for three 2018 hikes is a reasonable starting point.
Could go faster or slower depending on how data evolves.
Expects some portion of tax cuts to be competed away.
Worth discussing Fed policy framework.
Let’s achieve 2% inflation before shifting goal higher.
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