Evans on CNBC
It's time to readjust policy stance to neutral
Says not worried about inflation
'Slightly restrictive' policy makes sense; that may mean 50 bps above neutral
Jobless rate heading to 3.5%, need to be above neutral
Inflation could go to 2.2%-2.3%
Says would like to see wage growth higher
Asked if it's time to take away the punch bowl: "I don't think I've said that at all .... on the way to neutral we've still got the punch bowl in play."
Asset valuations have been more elevated
Higher bond yields have not yet caused him to change his outlook
These aren't exactly dovish comments from a guy who is traditionally a dove.
