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Fed’s Rosengren: We are yet to see ‘rapid rise’ in wages

Boston Fed President Eric Rosengren is delivering additional comments after he delivered his speech at the Peterson Institute for International Economics in Washington.

Key quotes (via LiveSquawk)

  • Must watch to see if inflation is  picking up more than thought.
  • With well-anchored expectations, we can take bit more risk.
  • Some real benefits  to moving gradually.
  • We are yet to see ‘rapid rise’ in wages.

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