Fed’s Evans sees tapering delayed after Washington battle
Federal Reserve dove Charles Evans has said that tapering is going to take longer as a result of the US government standoff, saying that the Fed "needs to do whatever is necessary". A little spin on the "whatever it takes" line we're so familiar with central bankers spouting.
Evans said that he doesn't think about a limit to asset purchases, but that the Fed is constantly thinking about whether its policies present risks to financial stability.
He thinks markets are unsurprised, with the dollar remaining stable. Now Evans says that we need to see consistent 200,000 per month job additions and a lower jobless rate before tapering begins.