Fed's Evans: Uncertainties on outlook could lead Fed to move up or delay rate increases

Charles L. Evans, the chief executive officer of the Federal Reserve Bank of Chicago, is crossing the wires. 

Comments via Reuters:

Still have a ways to go until inclusive full employment.

Big question is how much of a mark current price pressures will leave on underlying inflation.

Economy still very much tied to virus, path forward is highly uncertain.

With case counts down, there's room for optimism.

By unemployment rate alone, full employment would be well within sight, but doesn't tell the whole story.

Stronger labor market conditions will draw some early retirees back to work.

Much of the current surge in inflation is temporary.

Highly uncertain how long it will take for supply and demand conditions to normalize and bring inflation lower.

Sees greater upside risk to inflation outlook than had seen last summer.

Uncertainties on outlook could lead fed to move up or delay rate increases.

More to come...