- Fed's Rosengren: It may be several meetings before Fed has a clear read on whether economic risks are becoming reality
Market news
5 March 2019
Fed's Rosengren: It may be several meetings before Fed has a clear read on whether economic risks are becoming reality
- Growth issues remain, including slowing Europe and China, trade, Brexit, European banks
- Earlier concerns that economy might overheat now seem "less pressing"
- U.S. growth likely to improve labour markets without much risk of higher inflation
- U.S. economy likely to grow somewhat above 2% in 2019, above trend
- Inflation likely to be "very close" to target
- Debt markets, foreign stocks still pricing in the elevated risk
- We have an appropriate interest rate for where the economy is now
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