'Overshooting is costly, too’: The president of the Chicago Fed warns against raising interest rates too much
“This puts a premium on the strategy of getting to a place where policy can plan to rest and evaluate data and developments," Chicago Fed President Charles Evans said on Monday.
!['Overshooting is costly, too’: The president of the Chicago Fed warns against raising interest rates too much](https://content.fortune.com/wp-content/uploads/2022/10/GettyImages-521391364-e1665416805275.jpg?#)