Fed's Olson on loan quality and the economy

In a speech on 'Loan quality and how it reflects the overall economy' given on 28 February, Mark Olson of the Federal Reserve said economic growth is steady while inflation remains under control.

In his speech to the Credit Union National Association in Washington, Olson said the economy should "continue to expand at a solid pace," and added "inflation and inflationary expectations appear to be well-contained."

"The economy is likely to expand at slightly above long-run potential" in the first

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