The Latest Breaking News from Charles Evans

Austan Goolsbee, an economics professor at the University of Chicago who is a frequent commentator in opinion columns and television appearances, will succeed Charles Evans.

Austan Goolsbee, who was a top economic adviser to President Barack Obama, has been chosen as the next president of the Federal Reserve Bank of Chicago, the regional Fed bank announced

Stock market indexes climbed overnight but gave up gains in the first half of Tuesday's session.

The SPDR S&P 500 ETF Trust (NYSE: SPY) has rallied 3.2% in the past five days as investors seem to be taking an increasingly bullish tone toward the health of the U.S. economy, particularly on the inflation front.

Stocks slid in afternoon trading and were off intraday highs after comments from Chicago Fed President Charles Evans.

Charles Evans will retire early next year after 15 years as president of the Federal Reserve Bank of Chicago, a tenure that made him the longest-serving regional Fed president

The U.S. central bank will probably raise interest rates above levels it considers neutral for the economy next year given the outlook for inflation, Federal Reserve Bank of Chicago President Charles Evans said.

While Chicago Federal Reserve Bank President Charles Evans was wrong in assuming inflation would be transitory, he's optimistic about the strength of the economy, he said Monday in Detroit. 

U.S. jobs report for March is scheduled for release at 8:30 a.m. ET. Analysts expect a 490,000 rise for nonfarm payrolls in March following a 678,000 gain in the previous month. The unemployment rate is expected to decline to 3.7% from 3.8%. Federal Reserve Bank of Chicago President Charles Evans…