Fed. Pres. Evans: I’d Wait Till H2 2015 For Rate Increases

Fed. Pres. Evans: I’d Wait Till H2 2015 For Rate Increases
skeeze / Pixabay

In an interview with Bloomberg Television’s Betty Liu in Hong Kong, Federal Reserve Bank of Chicago President Charles Evans said the central bank will probably raise interest rates in the second half of next year and the timing will depend on the pace of inflation, “I do tend to think inflations going to pick up and that will be the reason why we ultimately raise rates… My own take is it’s most likely to be in the second half of 2015. If I had my druthers, I’d wait a little bit longer than that.”

Evans: Fed May Raise Rates in Second Half of 2015

Carlson Capital’s Double Black Diamond Adds 3.3% In August

Screenshot 2021 09 18 09.22.32Clint Carlson's Carlson Capital Double Black Diamond fund returned 3.34% in August net of fees. Following this performance, the fund is up 8.82% year-to-date net, according to a copy of the firm's August investor update, which ValueWalk has been able to review. On a gross basis, the Double Black Diamond fund added 4.55% in August Read More

Evans also said:

  • Rates to rise ‘at least six months’ after QE.
  • Rate increase to depend on inflation pickup.
  • Sees zero interest rate ‘ well into’ next year.
  • Inflation too low in U.S., Must of the world.
  • Monetary policy not best tool against financial risk .
  • U.S. economy not ‘out of woods yet,’ risk remains.

Updated on

No posts to display