Fed's Santomero sees economy picking up steam

Philadelphia Federal Reserve President Anthony Santomero said on Thursday "Employment gains will be slow in coming, and we still have some way to go before we reach our goal of maximum sustainable growth." He also said the Fed's decision on when it will eventually need to raise interest rates would be more difficult this time than in past recoveries.

Source: Reuters

Philadelphia Federal Reserve President Anthony Santomero said on Thursday the U.S. recovery seemed to be picking up steam, althoug