Thomas Hoenig says he "can’t go anywhere in my district and have people not ask me about...

|By:, SA News Editor

Thomas Hoenig says he "can’t go anywhere in my district and have people not ask me about inflation," so he believes the Fed can calm those fears by raising interest rates. But all Hoenig can do is talk up the idea; he doesn't have a vote this year on the FOMC. He sees a "pretty high" likelihood that the economy will resume 2.5%-3% growth after a weak Q1.