Fed’s Evans: Premature to make call on December hike - BBG TV

Speaking on Bloomberg TV, Chicago Fed President Charles Evans said that it would be premature to make a call on a December rate hike.

Key quotes (via LiveSquawk):

  • If prices are off target, tightening could be less constructive
  • ‘Really nervous’ that inflation expectations are low
  • Low inflation is a global environment 
  • Must reach inflation target ASAP 
  • Economy has handled Fed hikes so far
  • Decisions should be based on outcome-based policy
  • Moderate financial stability risks at the moment

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