Fed’s Evans Says Government Shutdown Will Probably Delay Taper

Federal Reserve Bank of Chicago President Charles Evans, an advocate of monetary stimulus, said fiscal strife in Washington will probably delay the central bank’s tapering of its monthly bond purchases.

“October’s a tough one,” Evans said in a CNBC interview today. “We need a couple of good labor reports, and evidence of increasing growth, GDP growth, and it’s probably going to take a few months to sort that one out.”