Fed's Rosengren: More gradual US policy tightening appropriate

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 17, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Federal Reserve Boston President Rosengren (FOMC voter) is speaking on monetary policy, in a speech titled, "Prospects for Returning to More Conventional Monetary Policy", noting that more gradual US policy tightening remains appropriate, Reuters reports.


    More gradual US policy tightening appropriate in face of global economic headwinds, market volatility

    Rate hikes should be 'unhurried' if US inflation slower to rise than expected

    Raises concerns over low oil, lack of inflationary pressures

    Says future economic growth somewhat less certain

    Little need to raise rates if more pronounced global weakness hits US economy

    Fed may need to wait for improved economic data before hiking rates again

    Could gain confidence if growth 'much stronger' than expected, wages continue to rise

    Dollar rise, oil fall to depress US inflation in near term
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