⁍ Chicago Federal Reserve Bank President Charles Evans on Monday called forcefully for more U.S. government spending to support the economy.

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⁍ Evans said it is up to lawmakers and the White House to put the job market back on track toward health.

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⁍ Under his baseline forecast, the U.S. unemployment rate – now at 11% – will fall to 9.5% by year’s end and to 6.5% by the end of 2021, well above where it ought to be in a healthy economy.

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– The president of the Chicago Federal Reserve Bank says it’s up to Congress and the White House to restore confidence in the US economy. Charles Evans says the jobless rate should fall to 9.5% by year’s end and to 6.5% by the end of 2021, “well above where it ought to be in a healthy economy,” reports Reuters. But he warns that without action, “demand trouble is brewing with the expiration of these relief policies,” including a moratorium on evictions that ended last month. “The punch line ought to be, ‘the ball is in Congress’ court.’ Fiscal policy is really fundamental for getting us going forward,” he says. Evans, a member of the Fed’s rate-setting committee, said further easing of monetary policy would only be effective if the economy was closer to full employment, perhaps by the spring of 2021. “Monetary policy is about where it can be,” he said. “At the moment, it’s really fiscal policy that needs to be addressing this.”