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Fed's Evans: Need to Review Inflation Data Before Deciding on Interest Rate Policy
Summary: According to sources, Chicago Fed President Evans stated that he has not yet decided on which policy action to support at the September 16-17 Fed meeting, emphasizing the need to refer to the inflation data to be released next week. He said, 'I hope to obtain more information. As the meeting approaches, I still maintain ...
According to sources, Chicago Fed President Evans stated that he has not yet decided on which policy action to support at the September 16-17 Fed meeting, emphasizing the need to refer to the inflation data to be released next week. He said, 'I hope to obtain more information. As the meeting approaches, I still maintain an open attitude.' Evans pointed out that recent inflation reports show a rise in prices in the service sector, so it is necessary to confirm whether this is just a temporary fluctuation rather than a more serious sign.
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Link: Fed's Evans: Need to Review Inflation Data Before Deciding on Interest Rate Policy [Copy]