Here are a few quotes from different Fed Presidents across the Country.

“Acknowledged shelter lags and said inflation would be at 2.5% today.”

“Said Fed policy is appropriately restrictive”

“Can be patient and hold rates steady, let actions taken do their work”

“Not how high to take the Fed Fund Rate, but how long”

“If tighter financial conditions are a headwind to the economy, the path of Fed Funds Rate may be lower.”

I will predict today that the Feds will not raise the Fund Rate 25bp. Some top economists disagree but let’s see. Feds meet later this week.