Pianalto on economic forecasts and monetary policy

In the speech 'Economic forecasts and monetary policy' given on 13 February Sandra Pianalto of the Federal Reserve Bank of Cleveland said recent economic reports offer hints that the US economy may have rebounded from the weakness seen in the last three months of last year.

"The early data for January have been reasonably good," Pianalto said in a speech Monday to the Cleveland Association for Business Economics. Read complete text of her remarks.

The U.S. economy grew at a 1.1% pace in the

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