Fed's Evans - below target US inflation is "a series policy outcome miss"

Omkar Godbole FXStreet Contributor

Chincago Fed President Charles Evans, while speaking in Tokyo, said the below-target US inflation is "a serious policy outcome miss" and said that demonstrating a strong committment to our objectives by trying harder to hit our systemic inflation objective sooner rather than later is key to actually achieving this goal.

Key quotes

US economy has returned to full employment

Inflation has run below the 2% target for a full eight years

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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