Fed’s Evans: I expect to be at the highest fed funds rate by March

Fed Chairman Evans
The terminal rate has dropped significantly in recent days. Its price is 4.408% for March now, 30 basis points below the highs from the start of the month. However, it remains relatively high at 4.20% until December 2023.
Either way, Evans won’t be the one to make the decisions in March as he will be retiring in January.
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