LONDON (Reuters) – Federal Reserve policymaker Charles Evans said on Wednesday he was comfortable with expectations in financial markets that the U.S. central bank will raise interest rates again in December.
“I am quite comfortable with that, yes,” he said when asked about a December rate hike in an interview with Bloomberg Television.
Evans said getting U.S. interest rates up to “a slightly restrictive setting” of 3.0 or 3.25 percent would be consistent with the strong U.S. economy and its inflation rate.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Source: Investing.com