- Recent policy moves help stimulate growth while safeguarding price stability
- Public can be certain Fed wont wait too long to tighten if inflation becomes a substantial concern
- Fed’s explicit guidance on interest rates provides additional accommodation
- Tying policy to economic conditions assures marekts that Fed will provide necessary accommodation
- Sees US fiscal policy’s impact on growth this year in line with expectations
- Says Fed support needed while government tackles deficit
- Too Much Austeruty too soon could be damaging
Fed Evans: Public can be certain Fed wont wait too long to tighten if inflation becomes a substantial concern
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