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17 Jan 2018
Fed's Evans: Increase in deficit from tax cuts is not sustainable in longer term
Below are the additional remarks from the Chicago Fed President Charles Evans, as reported by Reuters.
Increase in deficit from tax cuts is not sustainable in longer term.
Would not be surprised if unemployment falls below 4 pct this year.
Don't see much evidence of overshooting on Fed's employment mandate.
Worried economic cycle might end before inflation gets up to Fed's 2-pct goal.