Fed's Evans says $1.9 trillion fiscal package will not lead to overheating

  • 2/3/2021
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Feb 3 (Reuters) - Chicago Federal Reserve Bank President Charles Evans on Wednesday said the Biden administration’s proposed $1.9 trillion fiscal package would speed recovery and lift inflation, without being too much for the economy. “I’m hard-pressed to see the size of this leading to overheating,” Evans told reporters after a talk at Oakland University. “Do we maybe get to our inflation objective sooner? I think we do.” (Reporting by Ann Saphir in Berkeley, Calif. Editing by Chris Reese)

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