Chicago Fed president Evans: Economy is recovering but still has a long way to go

Market news

5 October 2020

Chicago Fed president Evans: Economy is recovering but still has a long way to go

Fed aiming for above 2% inflation "for some time"
We must be "in it to win it" to hit 2% inflation
Sees unemployment hitting 4% in 2023

European stocks closed: FTSE 100 5,942.94 +40.82 +0.69% DAX 12,828.31 +139.27 +1.10% CAC 40 4,871.87 +46.99 +0.97%

U.S. non-manufacturing sector’s growth unexpectedly accelerates in September - ISM

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