Fed's Evans Says December FOMC Rate Decision Makes Him Nervous
- Chicago Fed chief repeats he favors later liftoff than others
- May be appropriate for rates to be under 1% by end-2016: Evans
How the Fed Has Backed Themselves Into a Corner
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The Federal Reserve’s policy meeting this month, at which it’s widely expected to raise interest rates for the first time in nearly a decade, has become a source of apprehension for Chicago Fed President Charles Evans.
"I admit to some nervousness about our upcoming decision," Evans, a 2015 voter on the policy-setting Federal Open Market Committee, said Tuesday in a speech in East Lansing, Michigan.