• The Fed doesn't understand what's happening to a key economic model, Fed's Evans says

    7 days ago - By CNBC

    There's one key economic model that the Federal Reserve has struggled to understand, Charles Evans, the president of the Federal Reserve Bank of Chicago, told CNBC on Wednesday.
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  • Atlanta Fed President: Expect more steady economic growth

    Atlanta Fed President: Expect more steady economic growth

    7 days ago - By Biz Journals

    The new president of the Federal Reserve Bank of Atlanta said Tuesday he expects “more of the same” from the economy in the Southeast, with GDP growth continuing “a bit above 2 percent, the unemployment rate in the low 4s, and modest increases in real wage growth.”
    Raphael Bostic, named to his new position on March 13, spoke at Auburn University at Montgomery.He said the national economy is nearing full employment, but he sees no evidence of a strong expansion of business activity.
    “The...
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