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Gradual but somewhat more regular hikes are warranted says Fed's Rosengren

From news.forexlive.com

A tad earlier than expected • Fed is expected to continue to gradually normalise policy • 3 hikes in 2017 is reasonable if economic growth continues to outpace potential • If Fed doesn't raise, it risks excessive inflation • Unemployment is at a long-run sustainable level • Sees Fed reaching 2% inflation goal by end or 2017 Not a voter this year but another who's saying the US is pretty much at full employment. There's a Q&A at some point too. (full story)

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  • Category: Low Impact Breaking News