Fed's Evans (dove, non-voter in 2016): Global risk is higher than it was in December, which is reflected in the adjusted dot chart - CNBC
- If economic data comes in stronger, the FOMC could adjust the dot chart to reflect more than the two hikes currently indicated
- There's no need to raise rates too quickly, rates will normalize eventually
- All meetings are live meetings, including the April meeting, would be surprised if we achieved necessary inflation conditions for an April move
- Not seriously concerned about a hard landing for China
- Economic fundamentals are quite good, labor market improvements have been quite strong
- See 2016 GDP +2.0-2.5%, which is a little above trend, we can drive unemployment a little bit lower
- Reason to believe inflation will move up toward our 2% objective, concerned inflation could stall around 1.8%
- Expect two rate hikes this year