Interest Rate Increases Could Come as Soon as Early 2023, Fed’s Clarida Says

Wall Street Journal, Aug. 5, 2021–Nick Timiraos (subscription)
Significant fiscal stimulus this year is speeding the economy’s recovery so that the Federal Reserve is able to consider lifting interest rates from near zero by early 2023, a top central bank official said in a speech Wednesday.
https://www.wsj.com/articles/feds-clarida-says-economy-could-warrant-interest-rate-increases-by-early-2023-11628085600