From the President

Charles Evans

President and CEO

Features

Do Insurers in Catastrophe-Prone Regions Buy Enough Reinsurance?

Insurers in catastrophe-prone areas use as much as four times more reinsurance than insurers in less risky areas, and this risk transfer significantly reduces their losses.

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Is There Still Slack in the Labor Market?

Employment remains about one million jobs below trend, implying labor market slack is likely to persist at least until late 2016. 

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What Does the Changing Economy Mean for Workers?

Between January 1990 and March 2016, pay fell by 2.9 percentage points as jobs shifted to sectors with lower pay, and the trend toward lower-paying sectors has continued in the recovery.

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How Did the Recession Affect Payday Loans?

Did payday borrowing rise? And did the use of payday loans expand to include more middle-income borrowers?

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What Does Online Job Search Tell Us about the Labor Market?

Economic Perspectives article shows how online job search’s pervasiveness and effectiveness have increased substantially since 2000.

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The VW Scandal and Evolving Emissions Regulations

Chicago Fed Letter reviews U.S. and European approaches to regulating vehicle emissions and the scandal's implications for changes to standards.

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New Issue of ProfitWise News and Views Available

Current issue of ProfitWise News and Views explores innovations in mortgage lending and credit scoring, and results of a survey of organizations serving lower-income populations in the Seventh District.

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Recent News

Economic Growth Picked Up in April

The Chicago Fed National Activity Index (CFNAI) was +0.10 in April, up from –0.55 in March.

Midwest Farmland Values Continue to Fall

Latest AgLetter reports Seventh District farmland values in the first quarter of 2016 were 4 percent lower than a year ago.

Evans Comments on Structure of Market for U.S. Treasuries

Recent letter from Chicago Fed president discusses trading venue rules, reporting requirements, clearing arrangements and regulation.

Evans on Policy Implications of Slow Growth

Chicago Fed President Charles Evans spoke April 5 during the Credit Suisse Asian Investment Conference in Hong Kong.

Fed’s Evans Addresses Economists, Business Leaders

Chicago Fed President Charles Evans talked about monetary policy and the economy March 30 during a Forecasters Club of New York luncheon.

Can Budget Rules Help Reduce Fiscal Troubles in Illinois?

In a recent blog posting, Chicago Fed’s Rebecca Friedman looks at ideas for budgetary procedures and practices that may lead to a more sustainable path for Illinois.

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