Evans Says Fed Rate Pause Appropriate After Bumpy 2016 Start

  • Fed's March dot plot is now a `pretty good setting': Evans
  • Need confidence inflation will get to Fed's 2% goal, he says

Federal Reserve Bank of Chicago President Charles Evans said two rate increases this year are “not at all unreasonable,” after the U.S. central bank kept policy on hold last week while officials assess if recent inflation gains are sustainable.

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