Fed’s Evans Says Too Soon to Say if Coronavirus Shock Needs Rate Cut
Wall Street Journal, Feb. 27, 2020–Anthony Harrup, Michael S. Derby (subscription)
Chicago Fed President Charles Evans said Thursday that the U.S. central bank is closely monitoring the fallout from the spread of the coronavirus, but would look for an impact on the economy before thinking of a monetary policy response.
https://www.wsj.com/articles/feds-evans-says-central-bank-likely-to-need-inflation-overshoot-in-future-11582821000?mod=lead_feature_below_a_pos1