Additional remarks from Boston Fed President Eris Rosengren continue to cross the wires.
Key quotes
- Prefers to rely on adjustments of short-term rates, not to balance sheet.
- Fed is “mildly accommodative” now, says he is perfectly content to stay there.
- Says 2 pct to 2.5 pct growth over the next year seems ‘quite reasonable’.
- Says he worries about the extent of leverage he’s seeing in the corporate sector.
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