3 May 2019
Fed's Evans: Some drop in inflation may be due to temporary factors
Chicago Fed President Charles Evans, during a scheduled speech at the National Association for Business Economics International Symposium in Stockholm, was noted saying that downside risks have eased but are still larger than upside ones.
Additional quotes:
• We shouldn't be too dismissive of core inflation drop.
• Some drop in inflation may be due to temporary factors.
• Sees risk inflation expectations are too low.
• Fundamentals for US growth remain good.