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M. Continuo

Fed's Evans: euro zone crisis adds to uncertainty


    SEOUL (Reuters) - The U.S. economy's recovery is well under way but the financial market turmoil over the euro zone's debt crisis has added to uncertainty, Chicago Federal Reserve Bank President Charles Evans said on Monday.

    But Evans, who has no voting rights on the Fed's interest rate-setting panel, told reporters in Seoul that there was no change in his view on the economic outlook and that accommodative monetary policy "seems to be appropriate."

    (Reporting by Yoo Choonsik; Editing by Jonathan Hopfner)