Washington - The Federal Reserve’s decision to stop raising interest rates puts a “fundamentally healthy” U.S. economy on track to further growth, Minneapolis Federal Reserve Bank President Neel Kashkari suggested on Sunday.

“I think we still have room to run in the U.S. economy,” Kashkari said at a town hall at a church in Long Lake, Minnesota.

“The U.S. economy is fundamentally healthy,” he added. The event was closed, but an audio recording was distributed afterward.

“We at the Fed cannot control if Europe has a crisis, or if China has a hard landing, but we can control our own mistakes; so if we can avoid tapping the brakes prematurely, I think the expansion can continue.”... Read More: Reuters