Charles Evans, president and CEO, Federal Reserve Bank of Chicago
June 16, 2012
Evans' view that the Federal Reserve should stimulate the economy to help reduce unemployment is well known. In anticipation of Tuesday's meeting of the Federal Open Market Committee, Evans, in a recent interview with Bloomberg News, again urged his colleagues at the Fed to take action.
"I think it's good policy to make sure we have the most vibrant economy possible. The stronger the economy we have, the easier it is to withstand any shocks we might get from Asia or from Europe or from fiscal policy here in the U.S. ... More asset purchases would be useful; more mortgage-backed securities purchases would be good."
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