Fed’s Evans says December interest rate hike is not a done deal

• October 11, 2017
• realestatelife
• Announcements, Business & Markets, Real Estate, Real Estate Finance

Chicago Fed President Charles Evans on Wednesday said a December interest rate hike was not a done deal, according to a report by the Wall Street Journal. In a talk in Zurich, Evans said he saw scope for an “honest discussion” about whether it is the right time to raise interest rates. Evans said the key for the U.S. central bank was to deliver 2% inflation on average and not have it be a ceiling. Evans is a voting member of the central bank’s interest-rate setting committee this year.