- Ex-Fed’s Rosengren: Expect a hawkish skip this week
Market news
12 June 2023
Ex-Fed’s Rosengren: Expect a hawkish skip this week
Former President of Bosteon Federal Reserve Bank, Eric Rosengren, tweeted early Monday, sharing his view on the upcoming Fed interest rates decision.
Key quotes
“Expect a hawkish skip this week.”
“FOMC participants will be providing their summary of economic projections.”
“Those projections are likely to show a hawkish dot plot reflecting still sticky inflation and tighter labor markets - tighter than many had previously expected.”
Market reaction
The US Dollar Index is consolidating the previous rebound at around 103.60, adding 0.04% on the day.
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