One more rate hike in 2017 a possible scenario, Fed's Evans reportedly says

The head of the Federal Reserve bank of Chicago said he would be "OK" with one more interest rate hike in the States in 2017 if there are more uncertainties concerning the outlook for inflation.

Speaking at an event in Dublin, Charles Evans also described inflation which was then still running below 2% as a "lingering difficulty".

The Fed might start to adjust its balance sheet before the end of the year.