Fed's Charles Evans speaks in London

  • Sees no compelling reason to hurry on rate hikes
  • Needs much more confidence on inflation outlook before hiking
  • Concerned about too low inflation
  • Worried that price drops could get embedded in expectations
  • Repeats his view that Fed should wait until 2016 to raise rates
  • Expects growth at 3.05 for next couple of years
  • Current unemployment rate still above 5% normal rate

Chicago's Charles Evans is a voter this year, and alternate next and then back on in 2017