Economics

Evans Says Headwinds Since Rate Cut May Mean More Fed Easing

Officials watching trade and markets, Chicago Fed chief says
Investor reaction to latest news not necessarily wrong: Evans

Charles Evans
Photographer: Taylor Glascock/Bloomberg

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By Matthew Boesler

August 7, 2019 at 4:15 PM UTC

Updated on

August 7, 2019 at 4:56 PM UTC

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Developments since Federal Reserve policy makers cut interest rates last week may present headwinds to the economy that warrant more easing, Chicago Fed President Charles Evans said.