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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
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.”
Re: Evans Says Low Inflation, High Unemployment Call for Further Accommodation
Jobless_in_MA, I read this yesterday, but I don't understand what it means. Could you explain? Dazed
Dazed&Confused- Member
- Posts : 346
Join date : 2011-02-22
Location : Philadelphia
Re: Evans Says Low Inflation, High Unemployment Call for Further Accommodation
Low inflation? My rear end! Gas way up, food up about 10 to 20%!
Falcon7- Member
- Posts : 95
Join date : 2011-02-22
Location : Ohio
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