The US Federal Reserve could raise interest rates by 50 basis points at its next monetary policy meeting in September if inflation does not improve, while a 75 basis point increase is also on the...
The chairman of the Federal Reserve Bank of Chicago, Charles Evans, said on Tuesday that aggressive increases in central bank interest rates were needed to bring inflation back under control.
"Inflation is clearly very high and monetary...
The chairman of the Chicago Federal Reserve did not rule out the possibility that the central bank interest rate could reach 2.5% by the end of the year as part of the central bank's effort to...
An increase in the Federal Reserve interest rate by 50 basis points may now be "very likely", said today the president of the Chicago Fed, Charles Evans, as broadcast by foreign agencies.
The Fed official had...
Chicago Federal Reserve Chairman Charles Evans said today that he expects the equivalent of six other increases in US interest rates, by 25 basis points each time until the end of the year and another three...
One of the most "aggressive" executives of the Federal Reserve went on to admit that inflation has persisted for longer than he expected.
"Now, I'm going to admit that it lasts longer than I expected. I expected...
