Fed's Rosengren: Expects that US economy will remain weaker than hoped

Author: Adam Button | Category: Central Banks

Comments from the Boston Fed leader

  • Says he expects the US economy to remain weaker than many had hoped through the summer and fall
  • Expects over time the Fed will see a reasonable volume of Main Street program loans as economy struggles with coronavirus
Rosengren has slowly grown into the biggest bear on the FOMC.

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