Comments from Chicago Fed President Charles Evans is crossing the wires with key quotes, via Reuters, found below.
- U.S. Economy performing ‘very well,’ one or two more rate increases ‘reasonable’ by end of year.
- U.S. Fundamentals ‘extremely strong’ with uncertainty surrounding trade offset by business confidence following tax cuts and moves toward deregulation.
- A dissenter against December rate increase, now feels inflation has moved near Fed’s 2 percent goal and likely to remain there.
- Debate over whether to pause or continue higher into ‘restrictive’ policy to intensify next year as Fed approaches ‘neutral’ interest rate.
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