He is a voting member
Boston Fed's Rosengren is speaking at the Springfield regional chamber's annual outlook luncheon in Springfield Massachusetts
He says:
- suggests four US rate hikes like we needed this year
- regular, gradual rate hikes appropriate
- trade war, geopolitical surprise could derail policy tightening
- encouraged by fiscal spending, large tax cut, overseas strength since December
- recent economic data quite good
- need to avoid boom and bust
- expects firmer inflation
- expects upward pressure on wages
