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Fed's Rosengren reiterates support for three more rate hikes in 2017

Boston Fed's President Eric Rosengren crossed the wires, via Reuters, reiterating his support for three more rate hikes this year alongside portfolio reduction.

Key headlines (via Reuters):

  • Fed should 'explore' its tightening pace
  • Weak Q1 U.S. GDP likely temporary
  • Economic risks from abroad abated somewhat

Author

Felipe Erazo

Felipe Erazo

FXStreet

Born in Colombia, Felipe Erazo is the American Session Manager at FXStreet. He has been studying journalism with a degree in social communication at the Universidad de Chile.

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