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MNI BRIEF: Evans Says Too Soon to Judge on Adjusting QE

(MNI) OTTAWA
(MNI)

Chicago Federal Reserve President Charles Evans said Thursday it will likely be until the spring before there's clear evidence for considering a change to asset purchases, and a shift could go in either direction.

Evans said he remains worried for example about drags such as job market scarring and a persistence of slow inflation. "I am just not going to forecast victory on inflation until we see it," he told reporters.

MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com

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