New head for Chicago Fed

Evans is now a senior vice-president and director of research at the bank.

Miles White, chair of the bank’s board of governors, said he was confident Evans was the right person for the job: “He has excellent leadership skills, knows the Federal Reserve System well, and has participated at the highest level of the monetary policy-making process.”

Moskow is retiring after heading the bank for 13 years. White said: “Michael’s stewardship of the bank has been exemplary during a period of signific

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