Federal Reserve's Evans says the more fiscal support, the better

[BERKELEY, California] Chicago Federal Reserve Bank President Charles Evans on Wednesday voiced support for the Biden administration's proposed US$1.9 trillion economic stimulus package, saying he would rather risk a package that is too big than a smaller package that would mean a slower path to recovery.

"If it's too much, I think we can live with that - if it's too little, it's going to be extremely bad for so many people," Mr Evans said. "I think doing more is better than doing less in the current situation."

REUTERS