Fed’s Evans Wanted Rates on Hold Until Mid-2018 to Lift Inflation
- ‘I don’t see any evidence of inflation moving up really fast’
- Dallas Fed’s Kaplan says he sees three rate hikes this year
Goldman's Hatzius Sees 4 Fed Rate Hikes in 2018
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Federal Reserve policy dove Charles Evans argued for a six-month delay in raising interest rates when U.S. central bankers met in December, because he wanted to give tepid inflation a chance to rise. He lost that debate and they increased rates anyway.
Four weeks later, during which time 10-year Treasury yields have risen by almost a quarter percentage point to around 2.6 percent, the president of the Chicago Fed remains pessimistic about the prospects for U.S. price pressures to heat up.