Charles L. Evans

2007–2023

Reserve Bank PresidentWikipedia

Born

Jan 15, 1958

Meetings at the table

141

141/141 (0 absent)

Geography

president at Chicago (7) · where the Board comes from

Meetings by Chair

Policy rate

5.25% → 4.25–4.5%

−88 bp · Sep 2007 – Jan 2023

Economist · Federal Reserve Bank of Chicago

Terminal: PhD · economics

December 12–13, 2017wanted easiercommittee: hike 25
Messrs. Evans and Kashkari dissented because they preferred to maintain the existing target range for the federal funds rate at this meeting. In Mr. Evans's view, with inflation continuing to run substantially below 2 percent and measures of inflation expectations lower than he believed to be consistent with a symmetric 2 percent inflation objective, it was important to pause in the process of policy normalization. Leaving the target range at 1 to 1-1/4 percent for a time would better support an increase in inflation expectations, increase the likelihood that inflation will rise to 2 percent and perhaps modestly beyond, and thus provide more support for the symmetry of the Committee's inflation objective. Such a pause also would better allow the Committee time to assess the degree to which earlier soft readings on inflation were transitory or more persistent.
December 13, 2011wanted easiercommittee: hold
Mr. Evans dissented because he continued to view additional policy accommodation as appropriate in circumstances where his outlook was for growth to be too slow to make sufficient progress in reducing the unemployment rate and for inflation to drop below levels consistent with the Committee's dual mandate. He continued to support the use of more-explicit forward guidance about the economic conditions under which the federal funds rate could be maintained in its current range, and he suggested that

3 total dissents as a Reserve Bank President (0 tighter / 3 easier) · rank #18 in cohort