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CNBC Squawk Alley February 27, 2018

Outlook for the economy is strengthened since december. Greater confidence that inflation will rise. Additional headlines, mike and morgan, about nbs, the agree to which they were a success says the new normal for a Balance Sheet to be around 2. 5 to 3 trillion and the emphasis by powell on the strength of the economy, the tail winds, the fact that perhaps the low inflation is transitory that was a take away too in response to representative maloney, she asked if were on pace for three rate hikes . He said well see over the next couple weeks what is submitted in terms of projections. But since the last round, you see continuing strength in labor market stronger economy, signs that inflation could be moving closer to target. More stimulative physical policy thats really when you saw markets begin to move lower. Lets bring in our senior economics reporter Steve Liesman who can he ....

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