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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.

    Specter of no-inflation world looms over Fed's return to normal

    WASHINGTON (Reuters) - After months of focus on slack in U.S. labor markets, the Federal Reserve faces a new challenge: the possibility that weak inflation may be so firmly entrenched it upends the return to normal monetary policy. The soft global...

    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...

    Fed must 'live by' its 2-percent inflation target, Evans says

    PLYMOUTH Wisc. (Reuters) - The U.S. Federal Reserve must "live by" its 2-percent inflation target, treating excessively low inflation as just as big a problem as excessively high inflation, Chicago Fed President Charles Evans said on Wednesday. "I'm all...