Federal Reserve Bank of Chicago President Charles Evans Plays Down the Risk of Higher Inflation at the Levy Institute’s 29th Annual Hyman P. Minsky Conference

“‘I think the risk of this scenario is remote,’ Evans said Wednesday during a virtual conference hosted by the Levy Economics Institute of Bard College,” reports Bloomberg. “The Chicago Fed chief, who has long been one of the central bank’s biggest worriers about inflation being too low, was responding to critics of the Biden administration’s fiscal programs, which include not only Republicans but also some economists associated with the Democratic party.”

Post Date: 05-05-2021