“Chicago Fed’s Evans ‘wary’ of more asset purchases”
“”There are limits to what policy can do,” especially to improve the nation’s labor market, Evans said in a television interview on CNBC.
Interest rates are near zero as the Federal Reserve’s stuck with an accommodative monetary policy, and it’s already purchased $1.75 trillion of housing-related assets to keep long-term market interest rates low.” Read more.
Greg Robb
MarketWatch, June 30, 2010.
Image by Salvatore Vuono / FreeDigitalPhotos.net.
