The US economy has improved

THE US economy has improved but a number of risks to growth remain, though there is no near-term inflation threat, a top Fed official said yesterday.

THE US economy has improved but a number of risks to growth remain, though there is no near-term inflation threat, a top Fed official said yesterday.

"We're in much better shape than six months ago, but that does not mean everything is hunky-dory," Philadelphia Federal Reserve Bank president Charles Plosser said, but there are "still issues" facing the financial system. - Reuters

X