Fed’s Evans expects US growth at 2.5% in 2018 & 2019

by | January 10th, 2018, 14:02:14 | Central Banks, Fed

Fed Charles Evans

Comments from Fed’s Charles Evans

  • US economy has been stronger and stronger
  • Expects the labour market to be vibrant and investment to pick up
  • Says tax cuts should boost investment this year
  • Inflation is the challenge we face as monetary policy makers

Charlie boy is on the subs bench in voting this year.

  • Wanted to delay December hike until mid-year to wait for stronger signs of inflation
  • Fed accommodation may not be as powerful as people think
  • If inflation gets higher than objective we know how to handle it

Fed’s Kaplan up too

  • Cyclical inflation pressures are no doubt building
Ryan Littlestone
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