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Evans, Charles L. on 2017 December 5

If the judgment was that we’re still likely to be underrunning our 2 percent objective, maybe we would stop briefly and assess for more information, maybe wait until mid-2018.

I think our policy moves to date have been thoughtful and reasonable. We’ve increased our funds rate objective by 100 basis points. Maybe it’s time to stop and see whether inflation expectations are going to move in line with our 2 percent objective. And if the judgment was that we’re still likely to be underrunning our 2 percent objective, maybe we would stop briefly and assess for more information, maybe wait until mid-2018. From NY Times interview published on December 5 but conducted before the blackout period. Evans, Charles L.

New York Times

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