Fed's Evans speaks to reporters: Low inflation, expectations show policy to restrictive

Author: Greg Michalowski | Category: Central Banks

Chicago Fed Pres. Charles Evans speaks to reporters

He adds:
  • December hike was right move given what we knew at the time
  • Low inflation, expectations show policy too restrictive
  • Discussing rate cuts is important, timing isn't critical
  • Am recognizing greater risk from a slower global growth
  • Sees 50 basis point reduction appropriate by years end

ForexLive
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose