Recent increases in house prices are not a cause for concern – Charles Evans

Recent increases in home prices are not a cause for concern, he said Monday. the president of the Federal Reserve Bank of Chicago, Charles Evans, and noted that the previous real estate crisis was driven by leverage, as reported Reuters.

Evans added that he was very concerned about cyberattacks and noted that he will not call his employees to the office before Labor Day.

Market reaction

These comments do not appear to have a noticeable impact on the performance of the dollar against its rivals. At the time of writing, the US dollar index it was unchanged on the day at 90.21.

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