Charles Charles Evans, president of the Federal Reserve Bank of Chicago, said on Thursday that US job growth was lower than he expected and that the job market needed more improvement before the Fed began to reduce its support for the economy.

"given that job growth has been lower than I expected in recent months, I would say that more needs to be done to reach the threshold of 'substantial further progress' in adjusting monetary policy positions," Mr Evans said. "

Evans said it would take "more than a few months" to determine the right time to reduce the code.

On the issue of inflation, Evans said he was confident enough that QualcommThe swelling will be temporary. If inflation looks more persistent, the Fed may need to adjust its position earlier.

Evans believes that the United States will see substantial further progress by the end of the year and still believes that the Fed will raise interest rates in 2024.