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Evans: How Much Longer? (Only the Data Know)
Thank you Morris Davis for that kind introduction and also for the invitation to speak today to the 2013 Wisconsin Real Estate and Economic Outlook Conference Before I begin, let me say that the views I express here are my own and do not necessarily reflect the views of my colleagues on the Federal Open Market Committee (FOMC) or within the Federal Reserve System. The mission of the Federal Reserve is to foster monetary and financial conditions that support maximum employment and price stability. Since the beginning of 2008, that mission to fulfill our dual mandate has been put to the test. The country has struggled ... (full story)