The Federal Reserve's new communications strategy should reassure financial markets that the Fed will provide sufficient monetary stimulus to close "large resource gaps," Chicago Federal Reserve Bank President Charles Evans said in remarks to be delivered Monday morning in Hong Kong.

Evans, who will be voting on the Fed's policymaking Federal Open Market Committee this year, defended the unconventional monetary easing steps the FOMC has taken up until now as justified by the "quite slow" pace of U.S. economic recovery and the many obstacles to future growth.

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