Boston Fed President Eric Rosengren says the central bank is “pretty close” to fulfilling its dual mandate on inflation and unemployment, suggesting that he may not see a case for a rate cut at the moment. Addressing the September jobs report, Rosengren said job gains of 136,000 (compared to expectations of 145,000) were “weaker than we were hoping” but said a tight labor market will at some point have to slow down. “We’re pretty close to where we want to be,” Rosengren told Yahoo Finance in an interview over the weekend. “That is an environment where I ...
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Commercial Member
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Joined Jan 2015
|2212 Comments
1) The fiscal deficit is enormous for this stage of the cycle.
2) The risk of deflation is very high and central banks don't want to experience deflation, ever.
3) Saying that everything in the garden is rosy is music to the WH but not to intelligent people.
4) Commenting on USA with no reference to the world and the US role in the world is a sign that the article is worthless.