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Fed's Evans: Policy will still be accommodative even as Fed allows balance sheet to shrink very slowly

Additional headlines from Chicago Fed President Evans are crossing the wires, with key quotes, via Reuters, found below:

  • Hopeful more innovation will lead to stronger productivity.
  • It's a natural process that presidents nominate new governors to the Fed board.
  • Policy will still be accommodative even as Fed allows balance sheet to shrink very slowly.

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