- Chicago Fed president Evans calls U.S. Treasury's decision on Fed programs "disappointing"
Market news
20 November 2020
Chicago Fed president Evans calls U.S. Treasury's decision on Fed programs "disappointing"
- Says emergency facilities have been very helpful
- It would be good to have more support coming from all directions
- Economy is working through the virus
- Fed has a robust plan for the policy; will keep rates at zero until max employment, 2% inflation
- Looking at the scale of asset purchases, currently providing tremendous amount of support
- We are in a pretty good place to see how this will play out with transition, fiscal support and vaccine
- Says he's looking towards the spring to see how things will go
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