Charles Evans, Interview: Greater Des Moines Partnership and Drake University’s Moderated Q&A

“And so, the Federal Reserve, we’ve tightened monetary policy quite a lot very quickly and short-term policy interest rate now is at the 2.25% to 2.5% range, that’s the Federal Funds rate. And I expect that we will be increasing rates the rest of this year and into next year in order to make sure that inflation gets back down to our 2% objective before too long.”