Fed’s Evans: Wanted to postpone rate hikes until mid-2018
|Chicago Fed president Charles Evans is delivering his remarks at the Lake Forest-Lake Bluff Rotary Club 2018 Economic Breakfast in Lake Forest, Illinois, with key quotes (via Reuters) found below.
Wanted to postpone rate hikes until mid-2018.
Wanted to see signs of stronger inflation.
Fed knows how to handle situation of ‘inflation higher than objective’.
Only recent tax cuts could propel economic growth.
Low risk of growth accelerating beyond forecast.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.