Fed's Rosengren: There is high probability of December rate hike- CNBC

Speaking on CNBC, Boston Fed President Eric Rosengren said that gradual rate increases would be appropriate.

Key quotes (via LiveSquawk):

  • There is high probability of December rate hike
  •  Policy rules over time have proven to be ‘not so successful’
  • 3- rate hikes next year seem approx. correct
  • Doesn’t want to push too far below full employment 

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