Additional headlines are crossing the wires from the Chicago Fed president Charles Evans, as he continues to speak on the Fed’s monetary policy in London.
Gradual rate hikes mean mildly restrictive policy ahead.
Gradual rate hikes are consistent with achieving Fed’s goals.
Must consider new policy frameworks to better fight future downturns.
But unsure if such frameworks would be practical to implement.
US economy is ‘firing on all cylinders’.
Trade concerns may hurt investment, housing is soft.
Fed needs plan amid less room to cut rates in the next downturn.
More comfortable with inflation than in the past few years.
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