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