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Monday, May 18, 2015

Chicago Fed President Evans Speaks

Chicago Fed President Evans Speaks

#Fed's Evans: Inflation too low, will not reach 2% until 2018. Fed has no reason to hurry to tighten policy

#Fed's Evans: FOMC ought to allow a chance for inflation to overshoot 2%, "crucial" to be symmetric toward inflation goal

#Fed's Evans: US growth expected to rebound after weak 1Q but Fed should still delay first rate hike until early 2016

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