View full page at forexfactory.com

 

Fed Gov Tarullo: I want to see more evidence of inflation before rate hike

From cnbc.com

Federal Reserve Governor Daniel Tarullo appeared on CNBC's "Squawk on the Street" on Friday, just hours after Boston Fed President Eric Rosengren knocked the stock market lower by pushing the case for an interest rate hike. As a Fed Board of Governors member, Tarullo votes on the central bank's policymaking panel. In a morning speech, Rosengren said the Fed faces increasing risks if policymakers wait too much longer to increase rates for the second time in a decade. "If we want to ensure that we remain at full employment, gradual tightening is likely to be appropriate," said Rosengren, a voter on the Fed's policy ... (full story)

Story Stats

  • Posted:
  • Category: High Impact Breaking News