From the President

Charles Evans

President and CEO


Evolution of U.S. Overnight Money Market

Economic Perspectives video discusses the recent evolution of the U.S. overnight money market and how the Federal Reserve’s tools to implement monetary policy have evolved with the market.

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ProfitWise News and Views Features Profile of Chicago-Based IFF

ProfitWise News and Views article explores the IFF (formerly Illinois Facilities Fund) expansion and the financial and development services it provides to many Midwest states.

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New Issue of Risk Perspectives Available

Current issue offers a recap of the Federal Reserve’s latest survey of financial and economic conditions of American households, as well as selected current themes for supervised financial institutions in the Seventh District.

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Bubbles and Fools

Economic Perspectives article discusses two approaches to modeling greater-fool theories of asset bubbles, as well as their policy implications.

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Modeling Worker Flows across Labor Market States

Economic Perspectives article presents a simple model of the gross flows of workers between employment, unemployment and being out of the labor force.

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Derivatives and Collateral at U.S. Life Insurers

Economic Perspectives article examines the implications of regulatory reform for life insurers’ use of OTC derivatives.

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Recent News

Economic Growth Improved in October

The Chicago Fed National Activity Index (CFNAI) was −0.04 in October, up from −0.29 in September.

Midwest Farmland Values Flat in Third Quarter

Latest AgLetter reports Seventh District farmland values in the third quarter of 2015 were overall unchanged from a year ago.

Revitalizing Inner Cities

Chicago Fed Letter explores the particular advantages of inner cities, such as strategic location, transportation infrastructure, young population, and strong entrepreneurial spirit.

Evans Addresses National Communities Council

Chicago Fed President Charles Evans talked about monetary policy and the economy November 12 at the National Communities Council Fall Leadership Forum in Chicago.

Deepening the Foundations of Risk Management

Chicago Fed Letter discusses changes in the types of risks financial institutions face and the ways they manage them.

Evans Addresses Steel Industry Leaders

Chicago Fed President Charles Evans talked about monetary policy and the economy October 12 at the World Steel Association's 49th annual conference in Chicago.

Around the System