Evans: We shouldn't raise interest rates before ensuring the sustainability of inflation growth

26 Sep 2017 09:02 AM

US Federal Reserve member Charles Evans made many statements, the most prominent of which were:

  • The Fed needs to see clear signs of rising inflation before raising rates again.
  • It is appropriate for the FED to follow the policy of caution and gradually hike.
  • I see a rise in interest rate to 2.7% by the end of 2019 is normal.
  • Concern about the weakness dominates inflation expectations.
  • The interest rate should not be raised before the growth of inflation is sustained.
  • Recent data support rising inflation soon to 2%.
  • We are confident that the current monetary policy is in line with the situation.
  • I support a third rate hike during the next few meetings.
  • I want first to see more of the momentum of inflation growth before raising interest rates again.
  • We may wait a few months before the inflation outlook changes.

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