Charles Evans
President and CEO
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Source: Chicago Fed staff calculations based on data from Haver Analytics.

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Chicago Fed Letter article explains how catastrophe (CAT) bonds work, and then looks at how the market for them has grown in size, coverage, and sophistication since 1997. It also explores how and why different types of institutions use CAT bonds to transfer insurance risks.
AgLetter reports farmland values in the Seventh Federal Reserve District for the third quarter of 2018 were 1 percent higher than a year ago. However, values for “good” agricultural land in the third quarter of 2018 were 1 percent lower than in the second quarter.
Why does the yield-curve slope predict recessions? Chicago Fed Letter breaks down the yield-curve slope into its expectations and risk-premium components to disentangle the channels that connect fluctuations in Treasury rates and the future state of the economy.
What Does Labor Market Tightness Tell Us About the End of an Expansion?
Bridging Between Policymakers’ and Economists’ Views on Bubbles
Index Points to Steady Midwest Economic Growth in September
Fed’s Evans Discusses Regional Economy and Growth
Survey Shows Growth Slowed in Late August and September
Telephone Spoofing Scam Alert
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