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Fed's Evans says three hikes in 2017 not implausible
January 6, 2017 / 6:57 PM / in 10 months

Fed's Evans says three hikes in 2017 not implausible

CHICAGO (Reuters) - Chicago Fed President Charles Evans, one of the Fed’s most dovish policymakers, said on Friday he believes the central bank could raise rates three times this year if economic data comes in a bit stronger than he expects.

Chicago Federal Reserve President Charles Evans speaks at the Chicago Banking Symposium in Chicago, Illinois, United States, June 3, 2015. REUTERS/Jim Young

“I still think two moves is not an unreasonable expectation ...but it’s going to depend on how the data roll out, and if it’s a little bit stronger, three is not going to be implausible,” Evans told reporters after on the sidelines of an American Economic Association conference. Evans is a voting member of the Fed’s policy-setting committee this year.

Reporting by Ann Saphir and Jason Lange; Editing by Chizu Nomiyama

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