Ryan had Federal Reserve Boston President Eric Rosengren’s comments from Friday, here, which included:
- Will only consider changes to bond buying if forecast for the US economy changes
- Too soon to make decision on Fed tapering change, so far US economic data hasn’t shifted enough
His comments are attracting a bit of chatter in Asia this morning.
Bloomberg is highlighting some of his comments, saying that the FT reports:
- Eric Rosengren, president of the Boston Fed, said U.S. Federal Reserve should end its asset purchases on schedule at end of October unless “something dramatic happens,” Financial Times reports
- May not make sense to conduct a big communications amendment – including alterations to the central bank’s promise of low rates for a “considerable time” – at next week’s policy meeting, Rosengren hinted, according to the newspaper