Fed's Rosengren: May need to hike rates more aggressively than three times per year

Boston Fed's President Eric Rosengren was on the wires, stating that he expects rate hikes "at least as quickly" as median Fed forecast.

More headlines (via Reuters):

  • May need to hike rates more aggressively than three times per year
  • Expects more than 2 pct real GDP growth over next two years
  • 'Very limited slack' remains in U.S. labor market
  • Delaying tightening risks 'overshooting' employment, inflation goals
  • Significant risks to forecast include U.S. fiscal policies, overseas economies

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.