Federal Reserve's Clarida: Need to first review CPI data before deciding on interest rate policy
Chicago Fed President Charles Evans said that he has not yet decided on which policy action to support at the Fed meeting on September 16-17, emphasizing the need to refer to next week's inflation data. "I hope to get more information. As the meeting approaches, I still maintain an open attitude," Evans said in an interview on Friday. "We must also pay attention to the performance of inflation." "The milder the inflation data, the more I can focus on the labor market with peace of mind," Evans said. "But recent inflation reports show an increase in prices in the service sector, so we need to confirm that this is just a temporary fluctuation rather than a more serious sign."
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