Fed Evans taking questions: Raising rates now would put the economy in a tailspin

Fed looking closely at market functioning amid QE. Low home loan rates have helped revive US housing. A 2% inflation target means a 2% average, so inflation will be higher some of the time, but unlikely to see inflation higher than 2.5% under current Fed policy.

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Fed Evans taking questions: Raising rates now would put the economy in a tailspin

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