Fed Parry says economy growing at sustainable pace

Federal Reserve Bank of San Francisco President Robert Parry said on Tuesday that the US economy had shifted into a more sustainable growth range in recent months and that employment growth had moderated.

"Recent information on the early part of the fourth quarter suggests that the growth is continuing at a moderate pace," Parry said in a speech prepared for delivery before the Rotary Club of San Francisco.Reiterating comments he made last week in Portland, Oregan, Parry said the Fed was still

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