Quotes from the news wire:
I don't foresee an outsized risk of a breakout in inflation, as long as this picture continues, the (Fed) can increase rates gradually while monitoring any rising inflationary pressures.
– Chicago Fed President Charles Evans
Found on Reuters 6 years ago
In this setting, the federal funds rate does not need to be increased as much above its neutral setting as in the past when trend inflation needed to be taken down several notches, gradual policy increases in this context make sense—certainly as a way to limit the damage if policy ever actually becomes overly tight too soon.
– Chicago Fed President Charles Evans
Found on Reuters 6 years ago
I think we have the opportunity to more patiently read - and react to - the incoming data.
– Chicago Fed President Charles Evans
Found on Reuters 6 years ago
I also think that a reasonable case can be made for holding off increasing the funds rate until core inflation actually gets to 2 percent on a sustainable basis, frankly, I ’m really of two minds at the moment, and I expect to take this quandary with me into the next( Chicago Fed) meeting.
– Chicago Fed President Charles Evans
Found on Reuters 8 years ago
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