Fed's Evans: Says he forecasts 50 basis points of accommodation needed

Comments from Evans

  • A little more accommodation would be helpful
  • The US economy is really quite solid
  • Important that inflation can go above 2% target
  • Sees a couple of 2019 Fed rate cuts just based on inflation
  • Inflation at 2.25% or 'a bit' higher would be appropriate at this point in the cycle

Evans said the same things last week.

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