Weak job market poses economic risk-Fed's Broaddus

Speaking to a meeting of the Southern Governors' Association in West Virginia on Tuesday 23 September, Richmond Fed president Alfred Broaddus said he believed consensus forecasts for economic growth at about a 4.5 percent annual rate was the most likely outcome for the US economy.

Source: Reuters

The weak U.S. jobs market poses a risk to the recovery, Richmond Federal Reserve Bank President Alfred Broaddus said on Tuesday as he warned on the possibility inflation could drop undesirably low.