The President of the Federal Reserve Bank of Chicago, Charles Evans, He said on Wednesday that the Fed is not even going to think about reducing asset purchases until they see a further substantial improvement, as Reuters reported.
Featured statements
“Fiscal support will help us, Fed policy is accommodative and that’s appropriate.”
“The Fed has the tools to combat both high and low inflation, but it is more difficult to combat low inflation.”
“The Fed doesn’t pay much attention to monetary aggregates, maybe not at all.”
Market reaction
The US Dollar Index It did not show an immediate reaction to these comments and was last seen gaining 0.12% on the day at 90.90.
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