Further comments by Chicago Fed president, Charles Evans

  • Global growth concerns another reason to hold policy
  • China slowdown adds to worries on global outlook
  • Negative shock risk not unusually higher or lower
  • Low inflation expectations call for policy to be paused
  • Nervous that CPI pressures aren't stronger

With the Fed's latest dot plots projection showing no rate hikes for 2019, Evan's remarks here basically just adds icing on top of the cake. Nothing else to really gather from his comments here aside from some continued dovishness since the FOMC meeting last week.