Chicago Fed's Moskow sees ongoing U.S. expansion

US - Chicago Federal Reserve President Michael Moskow said Wednesday that he expected the U.S. economy to keep growing, while warning that the path back to its potential growth rate could be rocky.

However, Moskow said: "The Fed cannot -- and should not -- try to smooth out every bump."

"On average, we expect GDP (gross domestic product) to increase over the next several quarters and growth eventually (to) run close to the economy's potential long-run rate -- which many analysts now put in the

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