Dossier
Charles Evans
Coverage of Charles Evans in the Nexus archive.
- For a yuan in deeper markets, ex-Fed’s Evans cites dollar playbook amid risks, criticism
Former Federal Reserve Bank of Chicago president Charles Evans suggests China can internationalize the yuan by deepening domestic financial markets, drawing parallels to the evolution of the US dollar and euro. His comments highlight lessons from the dollar's and euro's development as part of broader discussions on yuan's global role.
- Battles to shrink the Federal Reserve's balance sheet begin
The Federal Reserve's new chief Kevin Warsh plans to shrink the central bank's multitrillion-dollar bond portfolio, which has grown significantly since the 2008 financial crisis. This move may face challenges and could lead to increased mortgage rates and borrowing costs. The Fed's assets have ballooned to nearly $9 trillion at its peak in 2022.