Fed president Evans
Evans continues to speak and is out with a few more headlines:
- Inflation risk remains to the upside
- The Fed is honing in on the proper level for restrictive monetary policy
- At some point rate increases could have a nonlinear impact with businesses becoming more pessimistic
- If Fed pushes policy rate much further than planned it could weigh on the economy
Evans won’t be at the Chicago Fed next year but this some pushback against the idea of hiking even more.
