Chicago Fed's Moskow on the US economic outlook

In the speech 'U.S. economic outlook' given on 7 March Michael Moskow of the Federal Reserve Bank of Chicago said U.S. interest rates are currently in a neutral range but more increases may be needed.

"Even with the funds rate in the range of neutral, further changes in policy may be appropriate," said Moskow, who is not a voting member of the Federal Open Market Committee in 2006.

In his speech to the University of Chicago's Graduate School of Business, Moskow said the central bank was watching

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