OctaFX | OctaFX Forex Broker
Open trading account
Back

Fed's Evans: concerned about drop in inflation expectations

During a scheduled speech at the UBS European Conference, in London, Chicago Fed President Charles Evans expressed concerned over persistently weak inflationary pressure in the US. 

Key quotes:

   •  Concerned about drop in US inflation expectations
   •  To boost expectations, Fed should acknowledge a much greater chance of 2.5% inflation
   •  Sees solid US economic growth in 2018
   •  Harder & harder to feel comfortable that drop in US inflation is transitory
   •  Sees big risk in not getting inflation to 2% before next recession hits

US CPI miss could weigh on the 90% market odds of a Dec Fed hike - ING

In what will be a pivotal test for the prospects of a Dec Fed rate hike, today's CPI data also comes at a time when there is mounting evidence pointin
Read more Previous

EUR/GBP sits at 4-week tops ahead of UK jobs data

   •  Jumps to the highest level since Oct. 20.    •  UK wage growth data to provide fresh impetus.  The EUR/GBP cross was seen digesting overnight
Read more Next
Start livechat