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October 17, 2013
Chicago Fed's Evans: Unemp Cld Hit 6% Before FOMC Raises Rates
WASHINGTON (MNI) - Chicago Federal Reserve Bank President Charles Evans said Thursday he could "easily envision certain circumstances in which the unemployment rate could go below 6% before we moved the fed funds rate up."
As seen in the chart above, I could easily envision circumstances in which the unemployment rate never reaches 6%, not that you'd ever hear that from the Chicago Federal Reserve Bank President. At least not publicly.
This is not investment advice.
Source Data:
St. Louis Fed: Custom Chart
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