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RPT-MNI INTERVIEW: Fed May Cut More Than SEP Anticipates-Evans

(MNI) WASHINGTON

Former Chicago Fed chief says it could be a more tentative pace of rate cuts than past monetary cycles.

(Repeats article first published on Dec 15)

The Federal Reserve might need to cut interest rates by more than officials indicated this week in the December SEP because holding steady amid further expected drops in inflation would make policy more restrictive, former Chicago Fed President Charles Evans told MNI.

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(Repeats article first published on Dec 15)

The Federal Reserve might need to cut interest rates by more than officials indicated this week in the December SEP because holding steady amid further expected drops in inflation would make policy more restrictive, former Chicago Fed President Charles Evans told MNI.

Keep reading...Show less