More remarks from Chicago Fed head Evans:
- Would not be surprised if there were a US rate hike in December
- Says "could be fine" with December hike, but might be better served to wait for inflation to pick up more
- Says wants to see rest of data before deciding on December
- Says economy on solid footing, recent jobs report was a pretty good number
- Election not a bar to November hike, but would prefer to wait for more economic data
- Dollar has been relatively strong, challenging for manufacturing
- Dollar has been a headwind, has lowered import prices
- Says "dots" on future fed funds path are very informative, show different viewpoints on FOMC
Via Reuters
Sounds like Evans is commenting there on the feelings within the FOMC ... "Would not be surprised if there were a US rate hike in December". Huh ... interesting.
Evans is a dove, but it appears he might be accepting the 'hawks' may win through with a December hike.
The comments from Evans earlier today (he was speaking in Sydney, Australia):
- More from Fed's Evans: Financial stability is important, but ...
- Fed's Evans: US not at full employment
- Wow! Look at that shark! - its huge!
(OK, I made that last one up)
