John William just spoke to an Asian audience said that there are signs inflation is rising, risk of a faster rise. his default view is towards 2 percent by 2017. the current view is two hikes and three next year.
and if economy slows, he has no qualms of reversing to zero and redeploy QE.
literally, he says QE is awesome.
earlier he says there is a disconnect between the market and the economy.
US market is not designed fr negative rate. QE is better.
Bond correction is inevitable. all asset classes to be affected.
ok if inflation overshoots.
weaker USD is not the goal.
BREXIT after June FOMC is a risk indeed.