If the Federal Reserve manages to rein in inflation while sustaining unemployment levels under 5 percent, that would be considered “good,” said Charles Evans, president of the Federal Reserve Bank of Chicago, on Wednesday in remarks at the University of Virginia. Based on policy projections outlined after the September Fed meeting, interest rates targeted at…
Fed’s Evans: Managing Unemployment Under 5 Percent While Curbing Inflation Would Be ‘Good’ Outcome
October 20, 2022
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Business & MarketsCharles EvanseconomyFed Rate Hikefederal funds rateinflationrecessionunemployment and interest ratesUS
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