Fed's Evans: Economy doing well, inflation getting close to 2%

Fed's Evans: Economy doing well, inflation getting close to 2%

From fxstreet.com

In an interview with CNBC, Chicago Fed President Charles Evans said that the U.S. economy was doing well and noted that inflation was getting close to the Fed's 2% target. • Fundamentals for economy continue to be solid. • Uncertainty may be impacting business investment. • Comfortable with policy now but worried about inflation levels. • Would be more aggressive than most in defending 2% inflation target.

Added at 7:07am

Fed's Evans says he is comfortable with policy now but worried about inflation levels
— DailyFX Team Live (@DailyFXTeam) June 4, 2019

Added at 7:09am

Fed’s Evans: Policymakers Should Be Overshooting 2Pct Inflation To Be Symmetric, Can Look Through Tariff-Driven Increases
— LiveSquawk (@LiveSquawk) June 4, 2019

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sadeghi

Jun 4, 2019 8:30am

Permalink

Quoting Ghass1234

Disliked

{quote} he can't be hawkish , Data is bad recently . unless he is blind like william. i think neutral . But anyways $ is too strong he wouldn't make it stronger , bad for economy. is like making treade war with Everybody , and ure goods are the most expensive , Does this Work ???

Ignored

seems to me they will keep $ high and higher for when they are gonna have a rate cut ( maybe september ), I'm not sure bt i think $ comes back nearly 9803 after powell' speech

Jun 4, 2019 8:00am

Buy USD

Jun 4, 2019 7:27am

Hints at mixed NEWS-outcome.

Ghass1234

Jun 4, 2019 8:10am

Permalink

Quoting sadeghi

Disliked

I think Powell is hawkish like Evans

Ignored

he can't be hawkish , Data is bad recently . unless he is blind like william. i think neutral . But anyways $ is too strong he wouldn't make it stronger , bad for economy. is like making treade war with Everybody , and ure goods are the most expensive , Does this Work ???