US interest rate level not a problem - Fed's Guynn

US - Atlanta Federal Reserve Bank President Jack Guynn said on Tuesday U.S. interest rate levels were not hindering business or consumer spending, suggesting he sees little need for lower rates.

"My conversations with business people suggests to me that their decisions to spend have nothing to do with interest rates," Guynn told the Midtown Rotary Club in answer to a question from the audience, Reuters reported.

"Interest rates are already low," he said. "I don't think that people will not buy

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