Monday, May 18, 2015

Fed's Evans: Overshooting Fed's 2% Price Target May Be A Good Idea

Federal Reserve Bank of Chicago President Charles Evans renewed his call for the U.S. central bank to refrain from raising short-term interest rates this year, in remarks that said it might not be a bad idea for officials to allow inflation to rise above their 2% target for at least a time....(read more)
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