Central Banks

More Rosengren: Tight labor market will feed into inflation at some point



More Rosengren: Tight labor market will feed into inflation at some point




















Boston Fed President 

  • There is no perfect price index
  • Changes in technology is a big challenge to capture
  • Import not to allow inflation expectations to slip
  • Tight labor market to affect inflation at some point
  • Increase in US corporate debt is worrisome
  • People should be comfortable with more inflation than the US has seen in the last 15 – 20 years
  • Fed’s balance sheet is very close to being normalized
  • Balance sheet is being normalized at a much higher level than before the 2008 financial crisis
  • Rise in US corporate debt could increase severity and duration of recession
  • Monetary policy is not doing much to lower rates at the short or long end of the yield curve
  • I’m not a big fan of negative interest rates
  • it may be hard to distinguish one time price change of tariffs requiring no response from persistently higher inflation in a tight labor market
  • an issue with trade should not require a looser monetary policy
  • we are getting much closer to where the balance sheet might need to expand

ForexLive


Articles You May Like

Oil picks up from where it left off towards the end of last week, what’s next?
The Nasdaq index leads a down day in the US stock market
Loophole may clear the path for the ECB to purchase more state debt – report
is volume important in Forex trading business? Taniforex tutorial in Urdu and Hindi
Forex Trading Live: Making $59.92 on USDJPY 📈

Leave a Reply

Your email address will not be published. Required fields are marked *