Fed's Evans: We will need to raise rates further and hold them for awhile<ul><li>Exact stance of policy will depend on outlook and risks</li><li>Economic data has been mixed</li><li>Labor market remains strong</li><li>Seeing signs that some of the unusual strength in labor markets may be waning</li><li>Personal forecast is broadly in line with Fed September projections</li></ul><p>There's no clear signal here but, if anything, the comment about the Sept projections is in line with what Daly was saying earlier.</p>
This article was written by Adam Button at forexlive.com.
Source: Fed's Evans: We will need to raise rates further and hold them for awhile (https://forexlive.com/centralbank/feds-evans-we-will-need-to-raise-rates-further-and-hold-them-for-awhile-20221021/https://forexlive.com/centralbank/feds-evans-we-will-need-to-raise-rates-further-and-hold-them-for-awhile-20221021/)
forexlive.com