Chicago Fed President Charles Evans, speaking to Bloomberg TV this Wednesday, was noted saying that he is comfortable with the idea of a December rate hike as the US economic fundamentals remain very strong and inflation data has improved significantly.
Additional quotes:
“¢ Sees inflation at objective or just above.
“¢ It’s fine for inflation to go above 2% for some time but would like to see stronger wage growth.
“¢ Amazon pay rise continues the trend of companies announcing modest adjustments to lower paid workers.
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