Chicago Fed President Charles Evans, during a scheduled speech at the National Association for Business Economics International Symposium in Stockholm, was noted saying that downside risks have eased but are still larger than upside ones.
Additional quotes:
“¢ We shouldn’t be too dismissive of core inflation drop.
“¢ Some drop in inflation may be due to temporary factors.
“¢ Sees risk inflation expectations are too low.
“¢ Fundamentals for US growth remain good.
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