- Fed’s Evans: Fed is 'open minded' about the next Fed rate meeting
Market news
3 October 2019
Fed’s Evans: Fed is 'open minded' about the next Fed rate meeting
Chicago Fed President Charles Evans responded to the media questions on the recent disappointment in the US ISM Manufacturing PMI.
See's it is an important data point and doesn't think the market has necessarily overreacted.
Fed is 'open minded' about the next Fed rate meeting.
ISM is only one number.
Rate cuts are risk management.
Concerned about inflation outlook.
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