Comments from Chicago Fed President Evans:

  • Supports "later liftoff than many would like"
  • Takes seriously the idea that he should go into Fed's Dec meeting with an "open mind"
  • "I admit to some nervousness about our upcoming decision"
  • Would prefer to have more confidence inflation is heading higher
  • "Could well be appropriate" for Fed funds under 1.00%

Evans is a dove and these comments are similar to things we've heard from him before. He will take questions from the media and the audience later so expect more throughout the day.