Charles Evans, president of the Federal Reserve Bank of Chicago

  • Fed well positioned to assess data as it comes in
  • Slower Europe, China growth, tariffs all factors
  • Outloooks is for continued above trend growth but some slowdown
  • We are at a good point to pause
  • Evans says he is not worried about inflation getting out of hand
  • Dot plot forecast for 2 rate hikes is plausible but there could be fewer
  • Says he thinks China has definitely turned softer
  • The longer the government shut down last the more problems it causes, its not good for the economic outlook

The big E appearing in an interview on Bloomberg TV