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Fed’s Evans: Premature to make call on December hike - BBG TV

From fxstreet.com

Speaking on Bloomberg TV, Chicago Fed President Charles Evans said that it would be premature to make a call on a December rate hike. Key quotes (via LiveSquawk): • If prices are off target, tightening could be less constructive • ‘Really nervous’ that inflation expectations are low • Low inflation is a global environment • Must reach inflation target ASAP • Economy has handled Fed hikes so far • Decisions should be based on outcome-based policy • Moderate financial stability risks at the moment (full story)

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  • Category: Low Impact Breaking News