Future rate hikes likely ‘gradual’ – Fed’s Rosengren

FXStreet (Edinburgh) – Eric Rosengren, President of the Federal Reserve Bank of Boston, has argued that future rate hikes by the Fed should follow a gradual path.

In addition, he stressed that decisions made by the Federal Reserve are not determined by markets views. He also said that ECB current negative rates coupled with Fed tightening ‘complicates things’.

Eric Rosengren, President of the Federal Reserve Bank of Boston, has argued that future rate hikes by the Fed should follow a gradual path…

(Market News Provided by FXstreet)