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Chicago Fed Pres Evans: 75bp in July "Very Reasonable"

FED

Chicago Fed Pres Evans speaking to reporters:

  • THERE'S `TREMENDOUS CONSENSUS' FOR PATH GOING FORWARD, Bbg
  • `I THINK THAT BY END OF YEAR, WE'LL BE DOING 25S', Bbg
  • MAYBE DATA COME IN AND 50BP ALRIGHT FOR JULY MEETING, Bbg
  • 75BP IS `VERY REASONABLE PLACE' FOR JULY FOMC DISCUSSION, Bbg
  • DON'T THINK 100BP FED RATE INCREASE IS NECESSARY, Bbg
  • Wall Street Journal: "Evans: Doesn't See Need for 100 Basis Point Increase"

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