Federal Reserve Evans speaking and hawkish

Ross J Burland FXStreet

Federal Reserve Evans was speaking to reporters ahead of next week's FOMC meeting and has said, "We're on the cusp of a period of rising interest rates."

Key comments:

Fiscal policy under discussion can reinforce expected US growth trajectory
Fed to be patient see what fiscal stimulus emerges
Jobless rate means less need for fiscal stimulus
With unemployment at 4.6% you don't need explicit infrastructure stimulus
Fiscal policies can reinforce growth outlook
Says demand in US is really quite good
He thinks inflation to move toward Feds 2% goal
Need to have patience to assess what new administration's policies will be

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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