• Boston Fed president Rosengren: U.S. has "a lot more to do" to fix labor market with gap that is "quite large"

Notícias do Mercado

17 fevereiro 2021

Boston Fed president Rosengren: U.S. has "a lot more to do" to fix labor market with gap that is "quite large"

  • Labor market still disrupted
  • Infections and vaccinations still determining the path of economy
  • Payroll creation in January was a pretty weak number
  • All major inflation measures are "quite low" right now
  • Increase in 10-year Treasury bond yield points to anticipation that economy will do better in second half of the year
  • Consumption over the next couple of months will be boosted by fiscal actions already taken and likely to come
  • Says he Would be surprised if there a sustained inflation rate that hits Fed's 2% target within next year or two
  • If inflation becomes problem "the Fed will take care of it"

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