- Chicago Fed President Evans: Fed has engineered accommodative policy with the third cut
Market news
6 November 2019
Chicago Fed President Evans: Fed has engineered accommodative policy with the third cut
- Thinks the neutral rate probably has moved down
- Says it is hard to be sure just how accommodative Fed policy is now
- Inflation has been on the light side and below the Fed's 2% goal
- It is important for Fed to be clear what it means by symmetry on its 2% inflation objective
- He would be comfortable if inflation rises to 2.5%
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