Boston Federal Reserve Chairman Eric Rosengren said Monday that the economy is unlikely to heat up too quickly this year, as reported Reuters.
Featured statements
“The Fed has tools to deal with high inflation if it appears.”
“Restaurants and tourist places have a hard time finding workers.”
“Employers can have a hard time filling jobs if they wait too long to hire.”
“Many employers have had to raise wages, even for relatively low-paying jobs.”
“Fed Stopped Main Street Loan Program Too Soon At Treasury Behavior.”
“Banks and companies were fully understanding the program when it was closed.”
Market reaction
The US Dollar Index largely ignored these comments and was last seen posting small daily losses at 92.14.
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