Fed's Ferguson hints no U.S. rate hike soon

Federal Reserve Vice-Chairman Roger Ferguson said in remarks to the Executives' Club of Chicago on Friday, "Although the recovery now appears to have turned the corner, much additional progress remains to be made before our country's labor and capital resources are fully utilized. "He also cautioned that the risk the recovery might stall out "cannot be discounted completely".

Source: Reuters

Federal Reserve Vice-Chairman Roger Ferguson said on Friday the likelihood that abundant capacity will r

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