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Evans: It will likely take years to get US inflation up to 2% on average
(Non Voter) Fed's Evans: It will likely take years to get US inflation up to 2% on average; policy to be accommodative for a long time.
— North Africa Trading (@Forexmkts) January 4, 2021
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(Non Voter) Fed's Evans: Interest rates will stay low for long period, the Fed will likely continue asset purchases for a while as well.
— North Africa Trading (@Forexmkts) January 4, 2021
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*Evans: Fed Likely to Continue With Bond Buying for Some Time
— *Walter Bloomberg (@DeItaone) January 4, 2021
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(Non Voter) Fed's Evans: The Fed should not rush to raise rates unless inflation threatens to be uncomfortably high.
— North Africa Trading (@Forexmkts) January 4, 2021
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The Road Ahead Under a New Monetary Policy Framework
Thank you for the introduction and the opportunity to participate alongside these distinguished panelists in today’s important discussion. I had hoped to welcome all of you to Chicago in person, but, well, here we are in our virtual world. Wherever you are, I wish you a happy and healthy new year. Before I begin my remarks, I should note that these views are my own and do not necessarily represent those of my colleagues on the Federal Open Market Committee (FOMC) or others in the Federal Reserve System. The current upsurge in Covid cases is a serious problem. But progress on the vaccine front has been very ... (full story)
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