Fed's Evans: must act quickly as risks change
NEW YORK |
NEW YORK (Reuters) - Policy-makers must act rapidly if risks are changing quickly, Chicago Federal Reserve President Charles Evans said on Friday.
Evans, speaking at a monetary policy forum organized by the business schools of the University of Chicago and Brandeis University, said policy makers had to adopt a risk management approach to problems with credit markets.
In addition, central bankers realize that adjusting interest rates affects economic activity with a lag, he added.
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.
Follow Reuters