Fed’s Rosengren says delaying rate hike could derail recovery

WASHINGTON - Federal Reserve Bank of Boston President Eric Rosengren said the U.S. central bank’s failure to get back to a strategy of gradual rate increases may threaten the ongoing U.S. economic recovery. “I am arguing for modest, gradual tightening now, out of concern that not doing so today will put the recovery’s duration and…

Want More?

Subscribe or register with Providence Business News to keep reading.

REGISTER
for 2 more stories

Subscribe now for $1 for 4 weeks
Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -