Feds Evans on the newswires

Written March 9, 2010 at 9:35 AM EST by  

Says:

Fed accomodation is likely to be appropriate for some time and the Fed Policy has been clear. Hiring is scarce but there are a few signs that hiring has increased.  He does warn that long term Unemployment could have lasting demand impact.  He sees a considerable amount of slack in the economy and as a result inflation is likely to remain signficantly below his specific benchmark.

Mr Evans is not a voting member on the current FOMC

No Responses to “Feds Evans on the newswires”

Add a comment