Before becoming president in September 2007, Evans served as director of research and senior vice president, supervising the Bank's research on monetary policy, banking, financial markets, and regional economic conditions. Prior to that, Evans was a vice president and senior economist with responsibility for the macroeconomics research group.
His personal research has focused on measuring the effects of monetary policy on U.S. economic activity, inflation, and financial market prices. It has been published in the Journal of Political Economy,American Economic Review,Journal of Monetary Economics,Quarterly Journal of Economics, and the Handbook of Macroeconomics.
In December 2012, the Federal Open Market Committee decided to change its broad forward guidance to a more explicit rule. The Evans Rule, a version which had been advocated by Charles Evans for many months, stated that the Committee will hold rates near zero at least until unemployment falls below 6.5% or inflation rises above 2.5%.[3] The Committee in March 2014 decided to remove the mention of the explicit thresholds in its guidance, but emphasized that there has been no change in the stance of monetary policy.[4]
Referencesedit
^Federal Reserve Bank of Chicago. "Charles Evans - Federal Reserve Bank of Chicago". Retrieved July 17, 2018.
^University, Carnegie Mellon. "Tepper School Alumnus Among 2024 Honorary Degree Recipients - Tepper School of Business - Carnegie Mellon University". www.cmu.edu. Retrieved 2024-05-08.
charles, evans, born, january, 1958, former, ninth, president, chief, executive, officer, federal, reserve, bank, chicago, serving, from, 2007, 2023, that, capacity, served, federal, open, market, committee, fomc, federal, reserve, system, monetary, policy, ma. Charles L Evans born January 15 1958 is the former ninth president and chief executive officer of the Federal Reserve Bank of Chicago serving from 2007 to 2023 1 In that capacity he served on the Federal Open Market Committee FOMC the Federal Reserve System s monetary policy making body Charles EvansEvans in 2022President of the Federal Reserve Bank of ChicagoIn office September 1 2007 January 9 2023Preceded byMichael H MoskowSucceeded byAustan GoolsbeePersonal detailsBorn 1958 01 15 January 15 1958 age 66 EducationUniversity of Virginia BA Carnegie Mellon University MA PhD Official portrait Before becoming president in September 2007 Evans served as director of research and senior vice president supervising the Bank s research on monetary policy banking financial markets and regional economic conditions Prior to that Evans was a vice president and senior economist with responsibility for the macroeconomics research group His personal research has focused on measuring the effects of monetary policy on U S economic activity inflation and financial market prices It has been published in the Journal of Political Economy American Economic Review Journal of Monetary Economics Quarterly Journal of Economics and the Handbook of Macroeconomics Evans has taught at the University of Chicago the University of Michigan and the University of South Carolina Evans received a bachelor s degree in economics from the University of Virginia and a doctorate in economics from Carnegie Mellon University in Pittsburgh In 2024 he received an honorary Doctor of Public Service from CMU s Tepper School of Business 2 He is married and has two children Evans Rules editIn December 2012 the Federal Open Market Committee decided to change its broad forward guidance to a more explicit rule The Evans Rule a version which had been advocated by Charles Evans for many months stated that the Committee will hold rates near zero at least until unemployment falls below 6 5 or inflation rises above 2 5 3 The Committee in March 2014 decided to remove the mention of the explicit thresholds in its guidance but emphasized that there has been no change in the stance of monetary policy 4 References edit Federal Reserve Bank of Chicago Charles Evans Federal Reserve Bank of Chicago Retrieved July 17 2018 University Carnegie Mellon Tepper School Alumnus Among 2024 Honorary Degree Recipients Tepper School of Business Carnegie Mellon University www cmu edu Retrieved 2024 05 08 FOMC Adopts Game Changing Conditional Inflation Targeting Rule Fed Ditches the Evans Rule Business Insider External links editCharles Evans Biography https www cnbc com id 44325337 Other offices Preceded byMichael H Moskow President of the Federal Reserve Bank of Chicago2007 2023 Succeeded byAustan Goolsbee nbsp This biography of an American economist is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Charles L Evans amp oldid 1223248897, wikipedia, wiki, book, books, library,
