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Evans believes that the U.S. is almost zero interest rate monetary policy is still appears to be appropriate and necessary ,
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However, They predicted that the U.S. may be between 2013 to 2015 experienced hyperinflation , has now revealed the major signs include: the Fed is into a new debt repurchase 7 ; the private sector began to stop buy bonds ; China and Japan will reduce their dollar bonds ; 0-0.25 % of low interest rates for 27 months; consumer price index (CPI) 3 months of rapid expansion ; the U.S. government budget deficit in February hit a record 222.5 billion U.S. dollars ; the fiscal deficit has reached the proportion of total expenditure occurred Hyperinflation national level; U.S. involvement in the Libyan military action would increase military spending and so on. END
increased volatility in the Middle East and North Africa inflation expectations. Over the past 3 months, 29% of U.S. energy prices , food prices rose 14%.
Chicago Fed President Charles Evans,
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28, according to the U.S. Department of Commerce released the latest data , the key indicators to measure the level of inflation - the price index for personal consumption expenditures (PCE) following a 0.3% rise in January of this year ,
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not completely out of the economic recession facing the United States quietly emerging inflationary pressures , oil and food prices continuing to rise , push U.S. inflation to the fastest to reach the level of one and a half .