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Charles Evans

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Top Charles Evans Articles see all

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  • Fed stands pat on policy; Bernanke press conference next

     
    The Federal Reserve held policy steady after a two-day meeting, citing signs of improved economic growth. The Fed’s post-meeting statement Wednesday was as expected. Most economists figured the central bank wouldn’t announce any new initiatives to bolster grow
  • Fed, more upbeat about economy, leaves monetary policy unchanged

     
    The Federal Reserve, providing a somewhat more upbeat assessment of the economy, on Tuesday kept the benchmark short-term interest rate near zero but did not take any new steps to boost financial markets or the economy.

    U.S. labor market weaker than jobless rate shows: Fed study

    The U.S. labor market may have more slack than the rapid decline in the unemployment rate suggests, according to a study published Friday by the Federal Reserve Bank of Chicago, pointing to the need for continued easy-money policies. The U.S. jobless...

    Fed official warns against raising interest rates 'prematurely'

    Fed official warns against raising interest rates 'prematurely'
    Even though a global slowdown threatens the U.S. recovery, the biggest risk facing the nation's economy would be decision by the Federal Reserve to raise interest rates too soon, according to a top central bank policymaker. The Fed should be patient...

    Chicago Fed chief thinks data is in his corner when it comes to changing policy

    Chicago Fed chief  thinks data is in his corner when it comes to changing policy
    Charles Evans believes the nation's unemployment rate is unacceptably high, and he has a plan to get Americans back to work. In an election year, this sounds like political rhetoric. But Evans isn't running for office. As president and chief executive...