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Fed's Goolsby Charts 'Golden Path' At Jackson Hole
Friday, August 25, 2023 - 3:40pm | 488Read More...Financial magnates congregated at the annual Jackson Hole Economic Policy Symposium on Friday, and all ears were on the Federal Reserve’s policy direction. With Fed Chair Jerome Powell laying out the blueprint, Chicago Fed President Austin Goolsby carved out his distinct perspective in an...
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Market Wrap For May 22: Markets Barely Positive
Thursday, May 22, 2014 - 4:35pm | 2710Read More...U.S. stocks picked up right where they left off following Wednesday's rally. Investors were given a mixed bag of economic data covering U.S. manufacturing, initial purchasing managers' index in China, existing home sales, Fed activity among others. Investors are likely focusing more on...
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Is QE3 Right Around The Corner?
Tuesday, August 30, 2011 - 8:58am | 916Read More...So much for no QE3, at least if Charles Evans gets his way. Chicago Federal Reserve President Charles Evans was on CNBC just a few minutes ago, and comments from Evans made it sure seem like an additional round of quantitative easing is on its way. Gold, silver, and bonds are moving higher on the...
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Blow For The Bulls As Evans Says Doesn't Want More QE
Tuesday, June 7, 2011 - 11:35am | 183Read More...In what could be described as a blow to bulls, Federal Reserve President Charles Evans has said that he does not want to do additional quantitative easing in an interview with the Wall Street Journal. Evans, who is the president of the Federal Reserve Bank of Chicago, said that he expects growth...
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More Unemployment Checks Cause Higher Unemployment Rate
Thursday, March 3, 2011 - 3:38pm | 66Read More...The Chicago Fed has concluded that extra jobless benefits are contributing to 0.8% to the unemployment rate. Workers can now receive 99 weeks of benefits, which may be hurting the 9.0% unemployment rate in the country. The research paper, which was put out today, said the benefits might be worth...
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Chicago Fed: Double Dip Risk Increasing
Tuesday, August 24, 2010 - 11:03am | 209Read More...Chicago Federal Reserve president Charles Evans says the risks of a double dip have increased recently, according to a report from Reuters. "A double dip is not the most likely outcome but I am concerned about how strong the recovery will be," Evans said at a housing event in Indianapolis. Evans...
