Fed’s Evans Says Above-Target Inflation ‘Essential’ in Future
Fed's Evans Says Above-Target Inflation 'Essential' in Future 3MEXICO CITY (Reuters) – Chicago Federal Reserve Bank President Charles Evans on Thursday suggested that “extraordinary accommodation” and a period of elevated inflation will be integral to the U.S. central bank’s approach to fighting the next severe economic downturn. In remarks to a central banking conference sponsored by the Global …
News story posted on 2020-02-27T18:41:00.0000000Z