Fed Governor Daniel Tarullo: the U.S economy has got “a fair amount of momentum right now”

Market news

28 September 2015

Fed Governor Daniel Tarullo: the U.S economy has got “a fair amount of momentum right now”

Fed Governor Daniel Tarullo said in Paris on Monday that the U.S economy has got "a fair amount of momentum right now", but the Fed closely monitors risks to the momentum. He noted that the European economy was retrenching effectively.

Tarullo also said that costs of financial crisis are still being felt today.

U.S. personal spending climbs 0.4% in August

U.S.: PCE price index ex food, energy, m/m, August 0.1% (forecast 0.1%)

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