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I don't expect core price inflation to reach 2% until 2019 - Fed's Evans

Chicago Fed President Charles Evans is crossing the wires saying that inflation looks well on the way to reaching the objective.

Key quotes (via Reuters)

  • Still worried that long term inflation expectations are running below our 2 pct inflation objective
  • Uncertainties are pretty high in the US
  • Trend growth in the US going to remain lower than most would prefer

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