Drake University and the Greater Des Moines Partnership will host Charles Evans, President and Chief Executive Officer of the Federal Reserve Bank of Chicago, for an economic update on Wednesday, Aug. 10, from 10 a.m.–11 a.m. at Drake’s Sheslow Auditorium.
Evans will provide an expert perspective on the effects of recent monetary policy on regional and U.S. economic activity. The Chicago Fed is one of 12 regional Reserve Banks across the country. These 12 banks — along with the Board of Governors in Washington, D.C. — make up our nation’s central bank. As head of the Chicago Fed, Evans oversees the work of roughly 1,400 employees in Chicago and Detroit who conduct economic research, supervise financial institutions and provide payment services to commercial banks and the U.S. government.
Evans has served as President and Chief Executive Officer of the Federal Reserve Bank of Chicago since September 2007. In that capacity, he serves on the Federal Open Market Committee (FOMC), the Federal Reserve System’s monetary policymaking body. Before becoming president in September of 2007, Evans served as director of research and senior vice president, supervising the Bank’s research on monetary policy, banking, financial markets and regional economic conditions. His personal research has focused on measuring the effects of monetary policy on U.S. economic activity, inflation and financial market prices, and has been published in peer-reviewed journals.
The conversation will feature a question-and-answer session with Evans moderated by Robert Palmer with the Iowa League of Cities.
“We are excited to welcome Charles Evans for what promises to be a timely and relevant conversation on the U.S. economy,” said Andrea Woodard, Senior Vice President of Government Relations and Public Policy at The Partnership. “Charles will provide insight into the Federal Reserve’s decisions and how they will impact Greater Des Moines businesses and organizations.”