Fed's Evans says he is not expecting a rate hike until 2023, admits he may be wrong

Chicago Federal Reserve Bank President Charles Evans

  • he expects no rate hike before taper ends in June, and no change to taper timeline
  • he still expects no rate increase until 2023, but he may be 'flat out wrong'
  • not obvious to me that 2022 rate increase is necessary or called for, but it could be the case it's appropriate
  • on policy, we are in a good place

Headlines via Reuters. Nothing really to move markets too much from Evans here.

more to come

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