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28 Mar 2014
Fed's Evans sees no rate hike until 'well into' 2015
FXStreet (Bali) - Fed's Evans said he does not expect rate hikes in the US until 'well into' 2015. Additional headlines from Reuters can be found below:
- Fed's evans: low inflation, high unemployment mean fed will keep rates near zero 'well into' 2015
-Evans: u.s. economy continues to improve, but not yet out of the woods
- Evans: fed policy needs to remain highly accommodative for some time
- Evans: inflation in the u.s. is too low; concerned it will not pick up quickly enough
- Evans: current 1-pct inflation calls for extended policy accommodation
- Evans: macroprudential policy is the appropriate tool to mitigate financial stability risks
- Evans: monetary policy is not the best tool to address financial exuberance
- Evans: have seen no convincing argument that raising rates to address stability risks passes cost-benefit test
- Evans: there is significant evidence that fed's super-easy policies have supported u.s. demand
- Evans: fed and market expectations suggest 7 years of near-zero rates before fed raises them
- Evans: benefits of fed's policies far outweigh risks
- Fed's evans: low inflation, high unemployment mean fed will keep rates near zero 'well into' 2015
-Evans: u.s. economy continues to improve, but not yet out of the woods
- Evans: fed policy needs to remain highly accommodative for some time
- Evans: inflation in the u.s. is too low; concerned it will not pick up quickly enough
- Evans: current 1-pct inflation calls for extended policy accommodation
- Evans: macroprudential policy is the appropriate tool to mitigate financial stability risks
- Evans: monetary policy is not the best tool to address financial exuberance
- Evans: have seen no convincing argument that raising rates to address stability risks passes cost-benefit test
- Evans: there is significant evidence that fed's super-easy policies have supported u.s. demand
- Evans: fed and market expectations suggest 7 years of near-zero rates before fed raises them
- Evans: benefits of fed's policies far outweigh risks