Huitong.com May 5th - US Chicago Fed Chairman Charles Evans said on Monday (May 4th) that the Federal Reserve (FED) may find it difficult to start hikes before the beginning of 2016, and people may think that the Federal Reserve is not loose enough.
In 2015, Evans, who enjoyed voting rights at the Federal Open Market Committee (FOMC), expressed the above view when attending an event in the southern Indiana manufacturing center, saying that the Federal Reserve's early interest rate hike may outweigh the disadvantages.
Evans believes that the US unemployment rate is still higher than the normal level of 5.0% to a certain extent, and the shrinking employment growth rate in March is a "temporary phenomenon", but the unemployment rate is still higher than the normal to a certain extent.
Evans pointed out that inflation may be difficult to rebound to 2.0% by 2018, and more confidence is needed to believe it will rise; there is no serious price to exceed the Fed's established 2.0% inflation target.
Evans expects the average monthly increase in U.S. employment population may exceed 200,000. The copyright of the content of
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