Fed's Evans: Economy doing well, inflation getting close to 2%

Eren Sengezer FXStreet

In an interview with CNBC, Chicago Fed President Charles Evans said that the U.S. economy was doing well and noted that inflation was getting close to the Fed's 2% target.

Key quotes (via Reuters)

Fundamentals for economy continue to be solid.
Uncertainty may be impacting business investment.
Comfortable with policy now but worried about inflation levels.
Would be more aggressive than most in defending 2% inflation target.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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