• Chicago Fed president Evans: Fed policy is likely to remain on hold for some time

Notícias do Mercado

5 maio 2021

Chicago Fed president Evans: Fed policy is likely to remain on hold for some time

  • Economy "quite a way to go" before reaching goals
  • Very optimistic on growth prospects
  • The employment mandate is "within sight"
  • Achieving inflation goal may prove more difficult
  • Pandemic has magnified longstanding inequalities, may leave unfortunate longer-lasting marks
  • Long way to go before economic activity returns to pre-pandemic vibrancy
  • Outlook is more positive than just a few months ago
  • Expecting some further pickup of inflation in the coming months
  • Risk of upward inflation spiral remote
  • Would not be concerned about persistent high inflation unless saw outsized movements in financial market pricing at longer maturities or in survey-based inflation expectations
  • Need an accommodative policy for some time to meet policy goals
  • Conditions for "substantial further progress" will not be met for a while

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