Richmond's Broaddus says US recovery appears solid

US - Richmond Federal Reserve President Alfred Broaddus on Wednesday expressed confidence that the U.S. economic rebound would prove to be a solid one, but said the Fed needs more information to gauge the recovery's pace.

His comments were roughly in line with other US central bankers including Fed vice chairman Roger Ferguson who said on Wednesday that the U.S. economic outlook had "brightened" but that an ongoing strong expansion was not definite.

Broaddus, who is not a voting member of the c