Chicago Federal Reserve Chair Charles Evans indicated on Wednesday that he would likely support another big interest rate hike in July unless inflation data improves, and signaled the risk of a slowdown as the US central bank The United States cannot “fine-tune” the economy’s response to rising borrowing costs.
“I think, you know, 75 (basis points) is a very reasonable place to have a discussion,” Evans told reporters after a speech in Cedar Rapids, Iowa, when asked about his outlook on the monetary policy decision. of the Fed in July. “I think 75 would be in line with continued strong concerns about the inflation data not falling as fast as we thought.”
