27 Mar 2017
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