Boston Fed President: No need to hike rates if economy weakens

Singapore News News

Singapore Latest News,Singapore Headlines
  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Boston Fed President Eric Rosengren said the Fed can wait for 'greater clarity' and if the economy weakens there will be no need to raise interest rates. He also said the market sentiment about Fed policy may be 'unduly pessimistic.'

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Former Dallas Fed President: Fed will focus on real economy, not marketsFormer Dallas Fed President: Fed will focus on real economy, not markets'They will adjust, they will be flexible, they will be patient,' Fmr. Dallas Fed President Richard Fisher said he doesn't understand why the market is so nervous about Fed policy decisions. 'This is standard Federal Reserve rhetoric.'
Read more »

A Fed pause won't be the Fed riding to the rescue, says Bessemer CIOA Fed pause won't be the Fed riding to the rescue, says Bessemer CIO'Eyes wide open.' Bessemer Trust CIO Rebecca Patterson says she has a more bullish outlook for 2019, but doesn't think we're 'necessarily out of the woods. I want to temper my enthusiasm a bit.'
Read more »

Fed's Jerome Powell is not bothered by Trump's criticismFed's Jerome Powell is not bothered by Trump's criticismFed Chair Jerome Powell sits down with David Rubenstein at The Economic Club of Washington to discuss President Trump's comments attacking the Fed, the state of the U.S. economy and what the plan for the Fed is.
Read more »

'Tidal Wave': Hundreds Of Coast Guard Families Show Up To Pop-Up Boston Food Pantry'Tidal Wave': Hundreds Of Coast Guard Families Show Up To Pop-Up Boston Food PantryA group running a pop-up pantry for men and women of the Coast Guard, the only branch of the armed services working without pay, says nearly 200 families stopped in to help themselves to food in the first few hours.
Read more »



Render Time: 2025-04-01 19:12:31