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Fed’s Evans says easy monetary policy has his ‘full’ support The recent rise in U.S. inflation is unlikely to lead to the kind of undesirably high inflation that some notable economists have warned about, Federal Reserve Bank of Chicago President Charles Evans said on Tuesday, reiterating his support for the Fed’s super-easy policy. “I have not seen anything yet to persuade me to change my full support of our accommodative stance for monetary policy or our forward guidance about the path for policy,” Evans said in remarks prepared for delivery to a Bank of Japan conference. Critics including former Treasury Secretary Larry Summers say the Fed’s promise to keep rates at their current near-zero level until the economy reaches full employment and inflation has reached 2% and is on track to exceed that level moderately for some time is a recipe for overheating the economy.

United statesLeslie adlerRobert kaplanEsther georgeAnn saphirCharles evansFederal reserve bankChicago president charles evansTreasury secretary larry summersDallas fed president robert kaplanKansas city fed president esther georgeஒன்றுபட்டது மாநிலங்களில்ராபர்ட் கபிலன்எஸ்தர் ஜார்ஜ்சார்லஸ் எவன்ஸ்கூட்டாட்சியின் இருப்பு வங்கி