Comments from the Fed’s Rosengren on Bloomberg TV
– We’re arguably at full employment
– Confirms he’s one of the dots forecasting 4 hikes this year
– Core inflation has risen from 1.4% to 1.7%
Rosengren placed himself firmly in the hawkish camp but for the most part, he spoke a lot to say very little. He was asked about certain things and indicators that he was watching; he responded saying employment and inflation and talking about the mandate.
Fed’s Rosengren: Now is the time to think about how to normalize more quickly
ByAdam Button
Mar 29, 2017