Fed's Rosengren wants to pay more attention to buffers for future shocks

Author: Eamonn Sheridan | Category: Central Banks

Eric Rosengren is president of the Federal Reserve Bank of Boston

He is speaking on Friday, his prepared text released now by the Boston Fed

  • He says important to evaluate potential costs of long periods of low rates
  • Costs of low rates, could impact how policy should react to recession
  • Calls for more attention to establishing policy 'buffers' to mitigate future shocks

Nothing much there to move the currencies. Perfect central bank speak!

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