Fed's Evans: QE could end with creation of 1M-1.5M jobs.

Chicago Fed President Charles Evans has said that the Fed could end its bond-buying if the economy creates another 1M-1.5M jobs over the next six months to a year. "That would be indicative that we could stop," said Evans. However, he forecast that unemployment won't drop to 6.5% until mid-2015, which would mean that the bank would keep interest rates close to zero for another 2.5 years as long as inflation doesn't spike