Market news
05.03.2019, 13:14

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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