Market news
09.01.2019, 14:36

Fed's Evans: Fed Has Time to Take Stock Before Next Rate Hike

  • Data Over First Half of Year Critical to Determining Fed Outlook

  • If Economy Plays out as Expected, Favors Move to Restrictive Policy

  • Good Outlook Would Favor Funds Rate of 3% to 3.25%

  • Economic Downside Risks Have Risen, but Upside Risks Still There

  • Expects Growth to Moderate to Just Above 2% This Year

  • Will Change Policy Outlook Depending on Economy's Performance

  • Sees Jobless Rate Down to Around 3.5% This Year

  • Expects Inflation to Go Just Over 2%, but That's OK

  • Symmetric Inflation Target Can Tolerate Inflation Overshoot

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