Charles Evans, president of the Federal Reserve Bank of Chicago is speaking in Hong Kong
- says the US economy is in a strong position
- he is not concerned about inflation
- Fed funds rate is arguably close to neutral
- monetary policy is neither accommodative nor restrictive at this point
- its a good time to pause and be cautious
- yield curve iversion is very narrow
Evans tends to be on the dovish end of the FOMC spectrum, though there have been a few more down that end lately too.
