• Chicago Fed President Charles Evans: the Fed could raise its interest rates twice this year

Market news

3 June 2016

Chicago Fed President Charles Evans: the Fed could raise its interest rates twice this year

Chicago Fed President Charles Evans said in an interview with CNBC on Friday that the Fed could raise its interest rates twice this year if the U.S. economy continues to improve. He added that timing of an interest rate hike was not important.

Evans pointed out that the referendum on Britain's membership in the European Union was likely to have an effect on the Fed's interest rate decision in June.

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