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:

- No reaction, comments are not surprising as Eric Rosengren is one of the more dovish members.

Print 13:15, 15 Jan 2013 - Fed - Source: Newswires