- Sees first Fed rate rise likely in late 2015
- sees at least 6 months between end of QE and first rate rise
- Sees some ‘serious flaws’ in the Fed’s September ‘dots’ forecasts
- Dot forecasts leave differences of opinion on full display
- Willing to consider possibility of lowering interest rates on excess bank reserves
- Would support delaying the first rate hike as late as 2016
- No rate rise ‘no matter what’ if inflation at 1%
Evans is dove with no vote on FOMC this year