• Fed's Evans: Fed may take further steps to strengthen the economy

Market news

26 September 2012

Fed's Evans: Fed may take further steps to strengthen the economy

  • Shyness can lead to undesirable consequences

  • Then it's time to act

  • Passivity - the risk to which it is not necessary to go

  • Fed should mitigate the policy until inflation is below 3%

  • Fed should mitigate the policy until the unemployment rate is more than 7%

  • Strongly supported the Fed's decision

  • Some of the issues include slower growth, the situation in Europe, budget break

  • Adequate policy does not lead to inflation

  • Soft policy can increase employment, production, income

  • A stronger economy will be stable in the face of slowing global growth

  • The softer policy means strengthening the U.S. economy

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