Fed’s Evans: Should expect an economic bounce back unless coronavirus proves much more virulent

Key quotes Should expect an economic bounceback unless coronavirus proves much more virulent. No reason to think there will be a lasting effect on business or consumer confidence. He is comfortable with where policy is and any "reflation" that might come along with it should inflation move higher. He does not expect a large coronavirus impact to u.s. gdp at this point. He is prepared to open work-at-home options for his staff or limit travel if necessary as a health precaution. Many, many people also responsible for responding to virus, all fed can do is "adjust financial conditions modestly".