News Headline Summary
Fed's Rosengren backs easing while predicting faster growth
- Foresees 3% US GDP in H2 of 2013.
- Low inflation and high joblessness warrant stimulus.
- Accommodation absolutely needed as long as missing inflation and unemployment mandates.
Reaction details (14:17)
- No reaction, comments are not surprising as Eric Rosengren is one of the more dovish members.
15 Jan 2013 - 14:15
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