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Fed’s Evans: Economy improving ‘quite a lot’

From forexlive.com

Comments from Chicago Fed President Evans: Sees 2.5% growth this year, 3-4% next year US growth should be self-sustaining in 2 years Economy performing pretty well now Recent economic data have been a little mixed Confident the Fed has the right accommodation in place Labor market is improving Consumer spending has been very good If not for fiscal drag, growth would be closer to 3.5% this year No change in rhetoric from Evans although his upbeat comments on the economy show that he is definitely moving toward less easing, so it’s US dollar positive. If Bernanke strikes a similar tone Wednesday (which is altogether ... (full story)

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