From the President

Charles Evans

President and CEO

Features

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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Why Do Retired Households Spend Their Assets So Slowly?

Out-of-pocket medical expenses and longevity, both of which rise with income, can explain a significant portion of U.S. retirement saving, but more work is needed to disentangle these motives from others, such as the desire to leave bequests.

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Auto Production Footprints: Comparing Europe and North America

Economic Perspectives explores whether the forces shaping the auto industry’s agglomeration are the same in Europe and North America.

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Central Clearing: Risks and Customer Protections

Economic Perspectives article examines impact of regulatory reform on risks faced by market participants.

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Recent News

Midwest Economic Growth Picked Up in March

The Midwest Economy Index (MEI) was +0.24 in March, up from +0.05 in February.

Economic Growth Below Average in March

The Chicago Fed National Activity Index (CFNAI) was –0.44 in March, down from –0.38 in February.

Survey Shows Growth Picked Up in Late February and March

The Chicago Fed Survey of Business Conditions (CFSBC) Activity Index increased to –4 from –20, suggesting that growth in economic activity picked up to a moderate pace in late February and March.

 

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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