February 27, 2020 / 5:40 PM / in a month

Fed's Evans says economic impact of coronavirus likely transitory

MEXICO CITY, Feb 27 (Reuters) - Chicago Federal Reserve Bank President Charles Evans said on Thursday that the economic impact of coronavirus will likely be transitory, depending on how long the outbreak persists and the response from authorities.

Speaking at an event in Mexico City, Evans also said the idea that coronavirus may have been contained in China sounded overly optimistic, and that the Fed was monitoring the situation. (Reporting by Anthony Esposito, Writing by Daina Beth Solomon Editing by Dave Graham)

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