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13 Jan 2016
Future rate hikes likely ‘gradual’ – Fed’s Rosengren
FXStreet (Edinburgh) - Eric Rosengren, President of the Federal Reserve Bank of Boston, has argued that future rate hikes by the Fed should follow a gradual path.
In addition, he stressed that decisions made by the Federal Reserve are not determined by markets views. He also said that ECB current negative rates coupled with Fed tightening ‘complicates things’.
In addition, he stressed that decisions made by the Federal Reserve are not determined by markets views. He also said that ECB current negative rates coupled with Fed tightening ‘complicates things’.