"Inflation? No problem." That's the Fed's new mantra. Consumer prices will rise "well in excess" of 2.5% before settling back, Robert Kaplan said, adding that the Dallas Fed forecasts GDP growth of around 6.5% this year. Charles Evans also downplayed inflation of 2.5%, saying even 3% "would be welcome, actually" for some period of time. He also reiterated that rising bond yields is a sign of economic optimism. Lael Brainard chimed in, telling CNBC that inflation pressures from the reopening are "transitory."