Chicago Federal Reserve President Charles Evans said on Thursday that he wants that the Fed delay its interest rate hike until mid-2016.

"There is value to delaying" given the risks from Europe, China and emerging markets," he said.

Evans expressed concerns about low inflation in the U.S.

Chicago Fed president is one of only two Fed officials who think the Fed should delay its first rate hike. Other officials think the Fed should raise its interest rate before the end of the year.

Evans is a voting member of the Federal Open Market Committee this year.