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Fed’s Evans: Would not be surprised if Fed raises rates total of four times this year

Additional comments from Chicago Fed President Charles Evans is now crossing the news wires, with key quotes, via Reuters, found below.

  • Would not be surprised if Fed raises rates total of four times this year.
  • It’s entirely natural to think short-term neutral rate may rise above long-run estimate, but says he has no strong opinion.
  • Gradual interest rate increases are appropriate, pace allows fed to consider uncertainties.

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