Fed's Evans on 2017 rate hikes: two are very safe, three could also happen but four would need better fundamentals

Chicago Fed's President Charles Evans is crossing the wires, via Reuters, saying that 2 rate hikes this year very safe, 3 could also happen but 4 would need even better fundamentals.

Key headlines (via Reuters):

  • Big fiscal stimulus not needed but infrastructure spending would be good
  • Says not more pessimistic than others but thinks u.s. could build more of an inflation "buffer"

EUR/JPY drops to 119.00, 4-week lows

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