Barkin is speaking at an online event (link is here for live feed)
- US economy will likely return past pre-covid trend this quarter
- its difficult to know if we will return to stable world of the 2010s or not
- I expect elevated goods prices will ease
- we will see month over the next year where inflation will seem muted
- watching wage pressures, which could boost services inflation
- I hope we can get rates back to pre-pandemic levels relatively quickly
Barkin not as hawkish as Bullard was earlier.
Bullard: Favors 100 basis point increase by July 1st
