FOMC officials say they're armed and ready

US - Federal Reserve officials are seeking to quell suspicions they're running out of manoeuvring room.

In a series of speaking engagements Tuesday and Wednesday, three members of the policy-setting Federal Open Market Committee emphasized the uncertainty surrounding the timing of the expected economic recovery and got about as close as they could to saying that if more rate cuts are needed, that's what will happen.

The Fed has trimmed rates by a massive margin this year as it has fought to shore

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