It’s as if Evans saw Posen’s comments and wants to challenge him as the most dovish central banker in the world.
- Favors more accommodation
- Would support another round of QE if Fed can’t agree to tieing policy to specific economic outcomes
- Would push to be as agressive as imaginable on more bond buys
- Would “throw in” some Treasuries with MBS in another QE round
- Evans isn’t a voter this year
- Fed will probably decide to act “only when conditions are somewhat different”
The last comment is a bit of a surprise because the market is pricing QE very aggressively. The ultra-dove doesn’t sound so sure.