12 May 2017
Fed's Evans: Could be okay with one more rate hike if there are more uncertainties about inflation outlook
Giving an interview on Bloomberg TV, Chicago Fed President Charles Evans suggested that the Fed could hike the rates one more time this year if uncertainties about inflation outlook persist.
Key quotes (via LiveSquawk):
- Fiscal policy poses upside risks to domestic economy
- Fed is discussing right size and pace of reductions to balance sheet