- Chicago Fed President Charles Evans: the Fed’s cautious approach in raising interest rates is appropriate
Market news
9 May 2016
Chicago Fed President Charles Evans: the Fed’s cautious approach in raising interest rates is appropriate
Chicago Fed President Charles Evans said in a speech on Monday that the Fed's cautious approach in raising interest rates was appropriate. He also said that he expected the U.S. economy to expand around 2.5% this year.
Evans is not a voting member of the Federal Open Market Committee (FOMC) this year.
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