The most important stimulus for the US economy in the coming months will be fiscalthe president of the Federal Reserve Bank of Chicago, Charles Evans, said on Friday, Reuters reports.
Additional comments:
“I was late to optimism about vaccine launch, I can imagine a upside risk to the economy“.
“Am comfortable with current asset purchase program; it would be for the next few months. “
“I am not opposed to more easingI’m just not sure of the right time. “
“A much larger balance sheet may be required for inflation to rise more than 2%.”
“A steeper yield curveIf it’s a reflection of better prospects or economic conditions, it’s not a cause for concern. “
“I don’t expect to raise rates until 2023, probably 2024“.
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