Fed's Evans: Unemployment rate could approach 3.5% in 2022 - NewsBreak
By Austine in Business
Updated 2 years ago
Federal Reserve Bank of Chicago President Charles Evans predicted Thursday that the U.S. unemployment rate will fall below 4% in 2022, possibly approaching a level around 3.5%. Speaking at the BKD Financial Services Virtual Symposium, Evans said the decision on when to raise interest rates would depend on incoming...