Fed's Evans: One or two more rate increases 'reasonable' by end of year.

Eren Sengezer FXStreet

Comments from Chicago Fed President Charles Evans is crossing the wires with key quotes, via Reuters, found below.

U.S. Economy performing 'very well,' one or two more rate increases 'reasonable' by end of year.
U.S. Fundamentals 'extremely strong' with uncertainty surrounding trade offset by business confidence following tax cuts and moves toward deregulation.
A dissenter against December rate increase, now feels inflation has moved near Fed's 2 percent goal and likely to remain there.
Debate over whether to pause or continue higher into 'restrictive' policy to intensify next year as Fed approaches 'neutral' interest rate.

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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