Fed's Rosengren spoke Tuesday - recap

Author: Eamonn Sheridan | Category: Central Banks

Comments from the head of the Chicago Federal Reserve can be found here from earlier: 

Reuters have a recap posted, focusing on his 'duration' comments:
  • The Federal Reserve should consider raising the proportion of short-term Treasury bonds it holds to give itself more options to respond to economic pullbacks, a top policy maker said on Tuesday.
And further:
  • "I dare say it is important for market observers, lawmakers and the public to become more comfortable with the benefits of central banks using their balance sheet tools to pursue the public interest,"
Reuters piece is here for more 

 
Comments from the head of the Chicago Federal Reserve can be found here from earlier: 
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