Evans says no rate hike until 2016....yess keep that bubble growing...why raise rates when you can keep them at 0%...I guarantee you that in 2016 he will say we can't raise rates now...inflation is still extremely low and gdp is still weak..rinse and repeat with this pathetic talk about rate hikes...do it already and get it done. Who cares if the market whines like a little bitch...
The Federal Reserve Open Market Committee was scheduled to release the minutes from its April meeting at 2 p.m. The statement from that month removed all calendar references to the timing of a short-term interest rate hike.Chicago Fed President Charles Evans said in Munich on Wednesday that a rate hike is not likely to be appropriate until early 2016, Reuters reported.