Fed's Rosengren: My views haven't changed

Author: Ryan Littlestone | Category: Central Banks

Speaking to CNBC ahead of a speech at a Boston Fed conference at 12.30 GMT

  • My views haven't change, economic conditions have
  • US is very close to full employment
  • Unemployment likely to be 4.5% by end of 2017
  • Is a little concerned about commercial real estate
  • Concerned also about overshooting what is a sustainable employment rate and possibly having to tighten much faster
  • Waiting longer may mean quicker hikes
  • Every meeting should be live
  • Market is priced appropriately for a Dec hike

Rosengren wanted to hike at the last FOMC.

The dollar is pretty much ignoring his comments.

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