Chicago: The Federal Reserve Bank of Chicago announced on April 21 that its long-serving president, Charles Evans, would retire early next year. Evans has led the Chicago Fed since September 2007.

Jerome Powell, Federal Reserve chair, called Evans “an example of the very best in public service”. Helene Gayle, chair of the Chicago Fed board of directors, praised Evans’s “exemplary leadership”, saying he had “fostered a culture of collaboration and inclusion” at the reserve bank.

Evans began