Gradual hikes are expected – Fed’s Evans

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 12, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Edinburgh) - Chicago Fed President Charles Evans has stressed that regardless the timing of the Fed’s lift-off, subsequent rate hikes should follow a gradual path.

    In addition, he wants to see further evidence of a pick up in consumer prices before hiking, while he now expects inflation figures to reach the 2% target in late 2018.

    He has also emphasized the good health of the labour market, seeing a positive outlook for growth and hiring at the same time.
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