Boston Fed President talks rate cuts and economic outlook

From youtube.com/yahoofinance

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 ...