Fed's Evans: It's entirely natural to think short-term neutral may rise above long-run estimate

Author: Adam Button | Category: Central Banks

Fed's Evans speaks to reporter

  • Would not be surprised if Fed hikes a total of four times this year
  • Gradual interest rate increases are appropriate. The pace allows the Fed to consider uncertainties
  • Says he has no strong opinion on short-term/long-term neutral
The long/short neutral commentary relates back to what Brainard said this week. He comments set off a round of Treasury selling that's continuing.
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