Fed's Rosengren: regular, gradual rate hikes appropriate

Market news

12 March 2018

Fed's Rosengren: regular, gradual rate hikes appropriate

'Trade war', geopolitical surprise could derail policy tightening
Encouraged by fiscal spending, large tax cut, overseas strength since december fomc
Recent economic data quite good; need to avoid 'boom and bust' economy
Expects firmer inflation, upward pressure on wages

U.S. economy seen growing 2.83 pct in first quarter vs 3.05 pct estimate on march 2 - N.Y. Fed's nowcast model

Trump, Xi committed to maintaining pressure and sanctions until North Korea takes tangible steps toward denuclearization - White House statement

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