Evans speaks in a moderated Q&A at a Rotary Club luncheon

  • US consumer is benefiting from the strong jobs market
  • Downside risks are stronger than upside risks
  • Last week's ISM manufacturing is not a good sign
  • US business investment has been on 'weak side'
  • 'Could be' there's an argument for a bit more insurance

Translation: I'll do what Powell asks.