Fed's Ferguson says US economy risks balanced

The risks to the US economy are evenly balanced between the dangers of an excessive slowdown and an inflationary overheating, Federal Reserve Vice Chairman Roger Ferguson said on Wednesday.

Signalling the powerful US central bank will officially adopt a balanced assessment of economic risks when it next meets to discuss monetary policy on December 19, Ferguson said the economy was more vulnerable to unexpected shocks as it had embarked on a transition to a less-inflationary growth pace.

"We must

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