FED: Chicago Fed Pres Evans (nonvoter) at NABE,……

FED: Chicago Fed Pres Evans (nonvoter) at NABE, agrees “restrictive
bank credit, along with business and household caution, will continue to
restrain the recovery’s strength but that these headwinds will abate as
we move through 2010. Most business cycle indicators have turned
favorable already.” Says employment will lag. Hope infl will remain
benign. FOMC “will continue to evaluate its purchases of securities in
light of the evolving economic outlook and conditions in financial
markets.”