Comments hitting the wires from an interview given by the BostenFed man to Bloomberg
- jobs report could signal greater economic weakness that delays hike
- weak jobs growth showed Fed was right to delay hike
- would delay rate hike to 2016 if unemployment rises or GDP growth below 2%
Dove turned hawk seemingly not quite sure what he wants
- no need for evidence of higher inflation or wages to raise rates
- would back "appropriate" rate hike even if market probability 30%
- delaying rate hike too long risks abrupt tightening
- international conditions biggest risk for US economy
Prior to Friday's NFPs Rosengren had this to say which Ryan reported
USD finding a little support but no great reaction understandably given the cautious nature of the comments
Rosengren - cautious on hike
