Fed's Parry: Fed has room to cut rates if needed

San Francisco Fed president Robert Parry, a voting member of the FOMC, has said the Federal Reserve still has room to lower interest rates "if things weren't coming together in the economy".

Source: Dow Jones

Federal Reserve Bank of San Francisco President Robert Parry says the Fed still has room to cut interest rates if growth doesn't improve.

"If things weren't coming together in the economy, we have room to boost it again," Parry told reporters at a conference in Tucson, Ariz. He added that i

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