June 20, 2017 / 12:19 AM / a month ago

Fed's Evans says worth waiting until year-end to assess next rate hike

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Federal Reserve Bank of Chicago President Charles Evans speaks during a meeting in Madrid, Spain, March 27, 2017.Juan Medina

NEW YORK (Reuters) - Chicago Federal Reserve President Charles Evans said on Monday it may be worthwhile for the U.S. central bank to wait until year-end to decide whether to raise rates again. 

Given the recent softening in inflation data, "I don't see why we would not be served to allow more time to wait," Evans told reporters after his speech before the Money Marketeers of New York University. 

Reporting by Richard Leong; editing by Diane Craft

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