Chicago Fed Hires Austan Goolsbee As New Chief As Evans Prepares To Exit

Chicago Fed Hires Austan Goolsbee As New Chief As Evans Prepares To Exit

(Reuters) – The Federal Reserve Bank of Chicago’s board of directors hired Austan Goolsbee, a University of Chicago Booth School of Business economist and former White House economic advisor, to lead the bank when longtime President Charles Evans exits in January under the central bank’s age-based mandatory retirement rules.

(Reporting by Ann Saphir; Editing by Chris Reese)