Fed’s Rosengren: Scope to increase QE if jobs don’t improve

Author: Adam Button | Category: Central Banks
  • Sees scope to enlarge QE if no jobless progress
  • Asset purchases could continue in 2014 if employment progress is slow, as he envisions
  • If econ grows at stronger rate, Fed could halt asset buys 6-9 months before unemployment drops to 6.5%
  • Sees ‘difficulty to strategize’ on Fed response

I think the final comment addresses the difficulty of coordinating communication.