Federal Reserve Boston President Rosengren speaking on monetary policy

  • He is a 2016 FOMC voter
  • Speech title: "Prospects for Returning to More Conventional Monetary Policy"

Quick Headlines via Reuters :

  • More gradual US policy tightening appropriate in face of global economic headwinds, market volatility
  • Rate hikes should be 'unhurried' if US inflation slower to rise than expected
  • Raises concerns over low oil, lack of inflationary pressures
  • Says future economic growth somewhat less certain
  • Little need to raise rates if more pronounced global weakness hits US economy
  • Fed may need to wait for improved economic data before hiking rates again
  • Could gain confidence if growth 'much stronger' than expected, wages continue to rise
  • Dollar rise, oil fall to depress US inflation in near term

Rosengren sounding on the dovish side. In his view the 'gradual' rate hikes should become more gradual'.

ps. Live feed is here

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Added:

Reuters very quick off the mark to get more up on the web. Kudos.

Concerned Rosengren puts a damper on Fed rate hikes