Additional comments from Chicago Fed President Charles Evans continue to cross the wires as he speaks in an interview with CNBC.
Key quotes (via Reuters)
- Fundamentals for economy continue to be solid, with consumers and labor markets strong.
- Policymakers should be overshooting 2% inflation to be symmetric, can look through tariff-driven increases.
- Inflationary pressures seem not strong or absent.
- Current setting on rates has been appropriate but, if there is more softening, policymakers need to ask if they are getting in the way of the economy.
- Market sees something that I have not yet seen in the national data.
Share
