Fed’s Evans: I’m all alone

  • View that more stimulus is needed is “unusual” on the FOMC
  • Unemployment too high; will decline slowly
  • Forecast is for inflation below 2%

Glad to hear that even Evans sees himself as a loner on the FOMC.

Bernanke and Co seem content to threaten QE but are stopping short of pulling the trigger. Part of their communications strategy, apparently.

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