How do you prepare to vote on the level of interest rates during a time of such economic uncertainty? What’s the experience like to be a Fed bank president during this pandemic? Charles Evans, president and chief executive officer of the Federal Reserve Bank of Chicago, joins us for our March Distinguished Speaker Series! This year marks his 30th at the Chicago Fed, and his 14th as President. In 2021, he serves as a voting member of the Federal Open Market Committee (FOMC), the Federal Reserve System's monetary policymaking body. President Evans will cover a range of topics including the current state of the economic recovery, a review of the Fed programs launched during the pandemic-induced volatility in March 2020, financial market stability, and his views on inflation risks. He’ll also address:
- How the economy may evolve over the next few years
- Takeaways learned from the so-called 2013 Taper Tantrum in terms of communicating a future Fed taper to the market
- What the experience of ’08 and its aftermath taught Federal Reserve officials about possible asset bubbles or financial instability
- Which economic and market numbers are on a Fed President’s market watch dashboard
- If labor force participation will return to trending upward after the economy moves toward normalcy
Members - FREE
Nonmembers - FREE
CFA Institute Qualified Activity: Eligible for 1 credit hour
Zoom login information will be provided in the reminder email closer to the event.
Registration closes at 5:00 PM on March 2, 2021.
12:00 PM - 12:45 PM CST: Program
Please log in a few minutes early to test your video and internet connections.
*Distribution of presentation slides is at the discretion of the speaker and may not be available for this event
Charles L. Evans has served as president and chief executive officer of the Federal Reserve Bank of Chicago since September 2007. In that capacity, he serves on the Federal Open Market Committee (FOMC), the Federal Reserve System's monetary policymaking body.
Before becoming president in September of 2007, Evans served as director of research and senior vice president, supervising the Bank's research on monetary policy, banking, financial markets, and regional economic conditions.
His personal research has focused on measuring the effects of monetary policy on U.S. economic activity, inflation, and financial market prices and has been published in peer-reviewed journals.
Evans is active in the civic community. He is a trustee at Rush University Medical Center, a director of the Chicago Council on Global Affairs, a governing board member of Econ Illinois, a member of the Economic Club of Chicago board of directors, and a member of the Civic Committee of the Commercial Club of Chicago and Civic Consulting Alliance board.
Evans has taught at the University of Chicago, the University of Michigan, and the University of South Carolina. He received a bachelor's degree in economics from the University of Virginia and a doctorate in economics from Carnegie-Mellon University in Pittsburgh.
Federal Reserve Bank of Chicago
The Federal Reserve Bank of Chicago is one of 12 regional Reserve Banks across the country. These 12 banks—along with the Board of Governors in Washington, DC—make up our nation's central bank. As head of the Chicago Fed, Evans oversees the work of roughly 1,400 employees in Chicago and Detroit who conduct economic research, supervise financial institutions and provide payment services to commercial banks and the U.S. government.
Nick Vassilos, CFA, is a vice president and head of risk and performance analytics for Charles Schwab Asset Management Solutions (SAMS). He is responsible for SAMS’s investment and operational risk management function through measuring and monitoring portfolio risks and maintaining best in class operational risk processes and standards. He is also responsible for the team providing performance, attribution, and competitive analysis.
Vassilos has over 15 years of experience in risk management. Prior to joining Charles Schwab in 2018, he was the global portfolio acquisition and analytics leader at Morningstar. In this role he drove portfolio data improvements and generated new multi-asset analytics. Prior to that he managed his own equity options focused fund, Wave Options. Preceding this experience, he worked at Citigroup in London, where he started the company’s European Delta One trading desk.
Vassilos earned a Bachelor of Science in finance from the University of Virginia’s McIntire School of Commerce. He is a CFA charterholder.
*Special Notes Regarding Fees
This event is complimentary for members and nonmembers. Registration online is required and closes at 5:00 PM on March 2, 2021.
Members of any CFA society may attend at the CFA Society Chicago member rate. Please call the CFA Society Chicago office at 312-251-1301 to register. If you are only a member of CFA Institute, you do not qualify for the Society member rate.
CFA Institute CE Qualified Activity
This program qualifies for credit under the guidelines for the CFA Institute Professional Development Program.