Fed doves stand by stimulus, though one has bright
Post# of 28526
Posted On: 04/17/2013 8:00:12 AM
Fed doves stand by stimulus, though one has bright outlook
By Ann Saphir and Jonathan Spicer CHICAGO/NEW YORK (Reuters) - A handful of Federal Reserve policy doves on Tuesday showed no sign they were prepared to dial down the central bank's extraordinary accommodation any time soon, even though one gave a highly optimistic outlook that the economy will turn the corner next year. Charles Evans, president of the Chicago Fed, forecast moderate growth this year of 2.5 percent, but gave a hearty endorsement of the economy's trajectory, saying he expects 2014 to be "terrific. ...
(0)
(0)