Statement

Name: Charles L. Evans

Summary: Monday's Top Stories in the United States: "While his preference would still be to delay raising short-term interest rates until the middle of next year, Chicago Federal Reserve Bank President Charles Evans suggested Friday he could go along with an initial rate hike in December if that's what a majority of Fed policymakers want, provided they make clear rates will rise only slowly and gradually. Evans, in an exclusive interview with MNI, said he is "not predisposed" to dissent against a hike in the federal funds rate from near zero at the Dec. 15-16 meeting of the Fed's rate-setting Federal Open Market Committee. A voting member of the FOMC, Evans said the committee has gotten "closer" to liftoff from the zero lower bound."

Lean: Hawkish

Substantially Similar to Prior Statements: No

Statement Date: November 6, 2015

Publication Date: November 9, 2015

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