I expect a good boost for the US economy well into 2022 – Charles Evans

Chicago Fed Chairman Charles Evans it said Thursday that it expects the good momentum in the US economy to continue well into 2022, according to Reuters. Furthermore, the workforce will continue to improve next year as people return to the workforce, he said, adding that he expected the unemployment rate to drop below 4.0% and perhaps even drop to 3.5%. Evans admitted that the US economy is currently experiencing some pretty substantial increases in labor costs, and that supply chain problems will last longer in 2022 than he would like. Nonetheless, Evans said he remained optimistic for 2022.

Market reaction

The dollar has seen no reaction to these Fed Evans comments, which add nothing new to the Fed policy debate / perspective.

.

You may also like

Ethereum price analysis
Top News
David

Ethereum price analysis

Ethereum survived a significant drop in price, decreasing from $ 4,750 to $ 4,200. However, this may not be the