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Evans Says Low Inflation, High Unemployment Call for Further Accommodation

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Evans Says Low Inflation, High Unemployment Call for Further Accommodation

Post by Jobless_in_Ma on Fri Apr 15, 2011 7:06 pm

Federal Reserve Bank of Chicago President Charles Evans said low inflation and high unemployment both call for continued easy U.S. monetary policy, and there’s little evidence of emerging asset bubbles.

“At present, we’re underrunning both our inflation objective and our employment objective,” Evans said in a speech in New York. “Both call for monetary policy accommodation.”

http://www.bloomberg.com/news/2011-04-15/fed-s-evans-says-inflation-unemployment-call-for-accommodation.html


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Re: Evans Says Low Inflation, High Unemployment Call for Further Accommodation

Post by Dazed&Confused on Sat Apr 16, 2011 9:34 am

Jobless_in_MA, I read this yesterday, but I don't understand what it means. Could you explain? Dazed

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Re: Evans Says Low Inflation, High Unemployment Call for Further Accommodation

Post by Falcon7 on Sat Apr 16, 2011 3:50 pm

Low inflation? My rear end! Gas way up, food up about 10 to 20%!

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Re: Evans Says Low Inflation, High Unemployment Call for Further Accommodation

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