10 May 2017
Fed's Rosengren reiterates support for three more rate hikes in 2017
Boston Fed's President Eric Rosengren crossed the wires, via Reuters, reiterating his support for three more rate hikes this year alongside portfolio reduction.
Key headlines (via Reuters):
- Fed should 'explore' its tightening pace
- Weak Q1 U.S. GDP likely temporary
- Economic risks from abroad abated somewhat