Fed's Evans again: Could delay next hike until December

Author: Eamonn Sheridan | Category: Central Banks

Charles Evans, head of the Chicago Federal Reserve speaking in NY to media

  • He says its worth waiting until the end of the year to assess on another rate hike
  • Sees inflation struggling to reach 2% based on recent data
  • Wants to see signs of inflation moving up, not just stabilising
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Plenty from Evans today so far:
Through it all the FX has been relatively quiet, some minor wiggles only. USD/JPY a wee bit higher though, through its overnight high (USD/CHF also). EUR/USD is nudging its overnight low, update:

LON GMT+1
SDNY+10
NY -4
TYO +9
GMT

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