Fed policymakers, US economic recovery on track

US - Two Federal Reserve policymakers on Monday agreed that the US economy was recovering gradually, although it has hit a few "bumps in the road".

The remarks indicated no urgency among central bankers to lower interest rates to help prop up a sluggish US economy.

Federal Reserve Bank of Boston President Cathy Minehan said the recovery will proceed at the slow pace for a while, "with a gradual pickup in capital spending and employment growth through the end of the year."

The comments were echoed

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.