Fed’s Evans: Economy Needs Strong Fed Support for Some Time to Come

Federal Reserve Bank of Chicago President Charles Evans said Wednesday that while the labor market has improved enough for the central bank to begin cutting back on its easy-money policy stance, the Fed will nevertheless need to provide strong support for the economy for some time to come. “I ant…

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Fed’s Evans: Economy Needs Strong Fed Support for Some Time to Come

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Fed’s Evans: Economy Needs Strong Fed Support for Some Time to Come

Federal Reserve Bank of Chicago President Charles Evans said Wednesday that while the labor market has improved enough for the central bank to begin cutting back on its easy-money policy stance, the Fed will nevertheless need to provide strong support for the economy for some time to come. “I ant…

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Fed’s Evans: Economy Needs Strong Fed Support for Some Time to Come

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