Speaking at financial markets conference in Florida
More from Chicago Pres. Charlie Evans:
- lower trend growth makes QE more likely over time
- outside criticism of decisions as part of policymaking
- Fed must follow through if we say will go over 2% inflation
- inflation makeup strategies could require short run price increases well above 2%. That raises possible issues of whether Fed will be believed to follow through
- Does not see any discussion of negative interest rates has a possible tool
- Fed would only use QE at 0% or near 0% rates