Chicago Fed's Moskow on the US economic outlook

In a speech on the 'U.S. Economic Outlook' given on 22 March, Michael Moskow of the Federal Reserve Bank of Chicago said that the Fed can't maintain its rate stance "indefinitely," predicting that as the economy gains strength the Fed's interest rate would "have to rise to a level more compatible with sustainable economic growth."

''Inflation rates are unlikely to increase significantly,'' Moskow said in a speech to risk managers in Chicago. ''With inflation low, the Fed can be patient in

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