Fed’s Evans Speaks In Beijing, China

  • Says Fed should be doing more given moderate inflation , high unemployment.
  • Says one positive sign since last Fed meeting is better employment number, but still not good enough.
  • Says Fed still trying to evaluate seasonal impacts on labour, economic activity .
  • Says summer slowdowns have prompted action in prior years, so should be prepared to again.
  • Need to be wary of U.S.’ fiscal cliff’.
  • Says more accommodation needed in China , worldwide .
  • Says everyone nervous about global economic mandate .

I think that about covers it for now .

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