Evans spoke in an interview with Reuters:
- Open-minded should tapering begin
- Need to have confidence that labor market improving
- Jobs report is good evidence that labor market moving in right direction
- It could be useful to strengthen forward guidance
- Will be open-minded on tapering in December
- 2014 shaping up to be a ‘pretty good year’
When a dove like Evans is ‘keeping an open mind’, the chance of a December taper is real.
Update: In the next breath he says he’s ‘nervous’ about inflation developments and that the Fed needs to defend inflation goals. The great debate is turning into jobs vs deflation.
