Name: Charles L. Evans
Summary: Fed's Evans: Looking forward to time when Fed can raise rates: "He also suggested the Fed needs to be careful not to raise rates if it will just have to lower them again shortly afterward, a theme he has hit time and again as he as argued against the rate hike that the Fed is currently considering. The Fed has kept rates near zero for nearly seven years since the 2007-09 financial crisis. "I think it's extraordinarily costly to contemplate a high probability that we're going to revisit the zero lower bound, after a period where we've gotten ourselves out of this, over the next 10 years," he said."
Lean: Dovish
Substantially Similar to Prior Statements: No
Statement Date: November 10, 2015
Publication Date: November 10, 2015
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