Chicago Fed’s Evans says stalled stimulus negotiations are ‘an unfortunate development’ for the economy

(Marketwatch) The stalled efforts by White House officials and Congressional Democrats is “an unfortunate development” for the U.S. economy, said Chicago Fed President Charles Evans on Sunday. Fiscal policy has been unbelievably important during the initial phase of the shutdown of the economy, and it continues to be important as “we’ve not control over the virus spread,” Evans said, in an interview on CBS’s “Face the Nation.” To read this article:

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