Federal Reserve Bank of Chicago leader Charles Evans said Wednesday a strong recovery in the job market remains possible for the U.S.
The central bank’s policy, with near zero rates and the expectation they’ll stay there for several years to come, coupled with asset buying, is set “quite appropriately” for the challenges facing the nation, Mr. Evans said in a virtual appearance. The official also said other government actions are even more powerful given the nature of the coronavirus pandemic: “Fiscal policy support and improved…
