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Benzinga
Benzinga
World
Aaron Bry

Why This Fed President Says Monetary Policy Needs To Be 'Much Closer To Neutral'

While Chicago Federal Reserve Bank President Charles Evans was wrong in assuming inflation would be transitory, he's optimistic about the strength of the economy, he said Monday in Detroit. 

Certain goods, cars, furniture and energy prices are driving the Consumer Price Index number higher, Evans told Detroit Free Press columnist Susan Tompor in a Monday discussion before the Detroit Economic Club.

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