• Chicago Federal Reserve Bank President Charles Evans: the Fed should delay the interest rate hike despite the strong U.S. labour market data

Market news

9 November 2015

Chicago Federal Reserve Bank President Charles Evans: the Fed should delay the interest rate hike despite the strong U.S. labour market data

Chicago Federal Reserve Bank President Charles Evans said in an interview with CNBC on Friday that the Fed should delay the interest rate hike despite the strong U.S. labour market data until the inflation in the U.S. will be on the track to achieve the Fed's 2% target.

He noted that the strong U.S. labour market data in October was "very good news".

"We've indicated that conditions look like they could be ripe of an increase," Evans said.

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