Comments from Chicago Fed President Charles Evans on CNBC:

  • In favor of being patient on raising US interest rates
  • Decline in wages is somewhat indicative of low inflation
  • Should not be raising rates before 2016, want to see more inflation progress toward 2%
  • Sustainable unemployment rate is 5.2%, or less
  • Doesn’t want US to be like Europe on inflation

Evans spoke on Wednesday night in Chicago and was similarly dovish.