CHICAGO Dec 5 Chicago Federal Reserve Bank
President Charles Evans said on Monday that with U.S.
unemployment at 4.6 percent, "you don't need explicit stimulus"
from government infrastructure spending as would have been
helpful earlier in the recovery.
Evans, speaking with reporters after a speech here, said it
was too early to assess the impact of the incoming Trump
administration on U.S. growth, but noted that he expects what
has been a long period of low interest rates to end.
"We are on the cusp of a period of rising interest rates,"
Evans said. "The markets are seeing reasons for higher interest
(Reporting by Ann Saphir; Editing by Meredith Mazzilli)