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Fed’s Evans - Could move in June on continued labor market gains

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 30, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Federal Reserve policymaker Evans, while speaking to CNBC, said the central bank could move in June on continued labor market gains and said the dot plot would adjust if data came in stronger.

    Key Quotes

    I don't think inflation is going to get out of hand

    US economy will warrant two hikes this year

    Global risk is higher than December

    Accommodative policy continues to be appropriate

    Eventually we want to get rates up to normal

    Threshold pretty high for hike at April meeting, but it is a live meeting

    Nervous about trade numbers
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