Need for demand in many parts of the world – Fed’s Tarullo

FXStreet (Mumbai) - The Federal Reserve member Daniel Tarullo, while speaking in Paris on Monday, said there is need to redevelop demand in many parts of the world.

Tarullo added that Fed has taken a note of the economy gaining momentum while adding that the cost of the financial crisis is still being felt today. On Europe, Tarullo said their economy is retrenching effectively.