Fed's Evans says if inflation gets higher than objective, we know how to handle that

Market news

10 January 2018

Fed's Evans says if inflation gets higher than objective, we know how to handle that

Says he wanted to put off rate hikes until the middle of this year
Wanted to delay december rate hike until mid-year, wait for stronger inflation
Not aware of anything besides recent tax cuts that will propel economic growth
Risks of growth accelerating beyond forecast are not high

President Trump will send vice president Pence to Pyeongchang winter olympics as head of U.S. delegation - S.Korea presidential office

U.S. Stocks open: Dow -0.21% Nasdaq -0.41%, S&P -0.27%

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