Evens expects momentum to build this year and improvement in 2014.

Keep chasing that rainbow, Charlie.

More comments coming through now:

  • Fed’s policies have worked, waiting for pent-up demand to take hold
  • If traction in economy builds faster than expected, could reach 6.% unemployment by 2014
  • Expects bond buys to continue at least until late this year, probably through year end
  • Sees ‘a lot of downward pressure’ on wages

Evens is one of the most dovish FOMC members so it’s surprising to see him talking about tapering at all.