Chicago Federal Reserve Bank President Charles Evans speaking as part of a panel

  • says he thought the Fed was very well positioned but felt rate reduction would help boost confidence given rising risks, possible economic weakening
  • expectation is that coronavirus will have a "short-lived imprint" on US
  • says he expects perhaps a quarter or half-year of slowing growth, with a 'v-shaped' rebound
 Chicago Federal Reserve Bank President Charles Evans speaking as part of apanel