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Fed's Evans says uptick in unemployment rate would be no surprise
June 2, 2014 / 7:55 AM / 3 years ago

Fed's Evans says uptick in unemployment rate would be no surprise

ISTANBUL, June 2 (Reuters) - Chicago Federal Reserve President Charles Evans said on Monday that an uptick in the U.S. unemployment rate would not be a surprise and that this is incorporated in the central bank’s outlook.

Speaking at a conference in Istanbul, Evans also said labour force participation had declined more than expected. (Reporting by Asli Kandemir and Seda Sezer; Writing by Nick Tattersall; Editing by Hugh Lawson)

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