Fed's Evans: Economy doing well, inflation getting close to 2%
|In an interview with CNBC, Chicago Fed President Charles Evans said that the U.S. economy was doing well and noted that inflation was getting close to the Fed's 2% target.
Key quotes (via Reuters)
- Fundamentals for economy continue to be solid.
- Uncertainty may be impacting business investment.
- Comfortable with policy now but worried about inflation levels.
- Would be more aggressive than most in defending 2% inflation target.
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