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    Chicago Fed President Charles Evans: the Fed should not begin to hike interest rates until early next year | 05.05.2015

     

    The Chicago Fed President Charles Evans said on Monday that the Fed may raise its interest rate at each monetary policy meeting.

     

     

    He added that the Fed should not begin to hike interest rates until early next year.

     

     

    "My preference would be that we not raise rates until we're confident that we are going to see rates rise, and those rate increases be clearly in train," the Chicago Fed president said.

     

     

    Evens is a voting member of the Federal Open Market Committee this year.


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