'Stars are aligned' for U.S. economy- Fed's McTeer

Dallas Fed chief Bob McTeer said on Tuesday 22 July that factors are in place to see a recovery in the US economy and non-inflationary growth could be as much as 5 percent. "I think all the stars are aligned for the economy to pick up" McTeer said in an interview before making a speech.

Source: Reuters

Dallas Federal Reserve President Robert McTeer said on Tuesday the table was set for a faster U.S. recovery and that the economy could grow at a 5 percent pace for "a couple years" without fuelli

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