Risk-taking needed for progress: Fed's Pianalto

(Reuters) - "If we are not willing to let go of the rung we are holding onto, even though it involves fear and loss as we abandon the familiar ... we can't reach for new and greater heights," she said. "This is true for the individual as well as the entire economy."




She did not touch on the outlook for the U.S. economy or Fed interest-rate policy in her remarks.


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