UPDATE 1-Fed’s Evans says central bank should be ‘aggressive’ to boost inflation in low rate world
A low interest rate
environment sets limits on what the Federal Reserve can
accomplish with monetary policy, making it important for the Fed
to “proactively” cut rates when risks appear to provide a buffer
for the economy, Chicago Fed President Charles Evans said
Wednesday.
environment sets limits on what the Federal Reserve can
accomplish with monetary policy, making it important for the Fed
to “proactively” cut rates when risks appear to provide a buffer
for the economy, Chicago Fed President Charles Evans said
Wednesday.
Posted by Reuters
