3 Oct 2018
Fed Evans: Comfortable with idea of a December rate hike
Chicago Fed President Charles Evans, speaking to Bloomberg TV this Wednesday, was noted saying that he is comfortable with the idea of a December rate hike as the US economic fundamentals remain very strong and inflation data has improved significantly.
Additional quotes:
• Sees inflation at objective or just above.
• It's fine for inflation to go above 2% for some time but would like to see stronger wage growth.
• Amazon pay rise continues the trend of companies announcing modest adjustments to lower paid workers.