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What does expecting low rates to last almost two years imply

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Question - In March of 2021, the Wall Street Journal reported the Federal Reserve Bank of Atlanta president as predicting that 2023 would the "year the U.S. central bank will be able to start lifting its near zero short-term interest rate target range." He also said he would need to see "strong and robust" sustained inflation, before voting to increase rates.

What does expecting low rates to last almost two years imply about his view of the economy?

Why would he suggest raising the rates after a sustained bout of inflation?

Reference no: EM133145505

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