Fed's Parry-US economy has room for strong growth

Speaking on Tuesday 18 November, San Francisco Fed chief Robert Parry said US interest rates could remain at 1 percent for "a while longer" and that there is room for some pretty strong growth before inflationary pressures become a concern.

Source: Reuters

The U.S. economy has room for "pretty strong growth" before inflation becomes a primary worry for the U.S. central bank, San Francisco Federal Reserve President Robert Parry said on Tuesday.

Parry said that with plenty of "slack" in the

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