Federal Reserve Bank of Chicago

The first six months of 2019 will play a big role in future monetary policy, Federal Reserve Bank of Chicago President Charles Evans said Wednesday.

The Chicago Fed National Activity Index for November rose to 0.22 from a downwardly revised neutral level in October.

The economy will grow above trend, inflation will tick lower, and unemployment will remain low through next year.

Federal Reserve officials on Tuesday sprinkled small doses of concern into otherwise upbeat assessments of the U.S. economy.

The Chicago Fed National Activity Index for October rose to 0.24 from a downwardly revised 0.14 in September.

The Chicago Fed National Activity Index for September declined to 0.17 from an upwardly revised 0.27 in August.

Chicago Fed President Charles Evans says he’s “quite comfortable” with the prospect of another interest-rate hike in December.

The August Midwest Economy Index slipped to 0.42 from 0.43 in July, the Federal Reserve Bank of Chicago said Friday.

Long considered a dove, Federal Reserve Bank of Chicago President Charles Evans Friday expressed comfort with the inflation outlook and repeated his belief rates will become slightly restrictive. That led some observers to ramp up concern about the flattening yield curve.

The Chicago Fed National Activity Index for July declined to 0.13 from an upwardly revised 0.48 in June.

The Federal Reserve may need to raise interest rates to “somewhat restrictive” levels over the next couple of years to combat the effects of recent fiscal stimulus.

The June Midwest Economy Index slipped to 0.40 from an upwardly revised 0.58 in May.

The Chicago Fed National Activity Index for June reversed to positive 0.43 from a downwardly revised negative 0.45 in May.

The May Midwest Economy Index slipped to 0.51 from an upwardly revised 0.55 in April.

The Chicago Fed National Activity Index for May decreased to negative 0.15 from an upwardly revised positive 0.42 in April.

GDP will be stronger this year than in 2017, but will dip in 2019, while inflation will also spike this year before moderating next year.

The April Midwest Economy Index climbed to 0.53 from an unrevised 0.52 in March, the Federal Reserve Bank of Chicago said Thursday.

The March Midwest Economy Index climbed to 0.52 from a revised 0.41 in February, first reported as 0.44, the Federal Reserve Bank of Chicago said Monday.

The Chicago Fed National Activity Index for March decreased to 0.10 from an upwardly revised 0.98 in February .

The Federal Reserve should continue gradually raising interest rates if data on consumer prices available by the central bank’s mid-June policy meeting indicate inflation will soon reach the 2% target, Chicago Fed President Charles Evans said.