- I’m not quite sure why we would want to raise interest rates with a 1% inflation rate, no matter what the unemployment rate is," says Chicago Fed boss Charles Evans, delivering a strong dovish message for the 2nd time in two days. The "strong accommodation" should be left in place "in order to do the job that it’s intended to do."
- Acknowledging the first rate hike is probably coming in late 2015, Evans would push it into 2016 "if I had my druthers."
- Previously: Fed's Evans: Where's the inflation?
Evans: Would prefer waiting until 2016 for rate hikes
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