Chicago Federal Reserve Bank President Charles Evans: the Fed should delay its interest rate hike

Market news

4 March 2015

Chicago Federal Reserve Bank President Charles Evans: the Fed should delay its interest rate hike

The Chicago Federal Reserve Bank President Charles Evans said on Wednesday that the Fed should delay its interest rate hike until inflation will rise to the Fed's target of 2%.

Evans is a voting member of the Fed policy committee.

He said that he expect that inflation will not rise to the Fed's target of 2% until 2018.

Foreign exchange market. American session: the Canadian dollar rose against the U.S. dollar after the Bank of Canada's interest rate decision

ISM non-manufacturing purchasing managers’ index climbed to 56.9 in February

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