In an interview with CNBC on Friday, Eric Rosengren, president and CEO of the Federal Reserve Bank of Boston, noted that the United States has a very low unemployment rate. “We are getting about the kind of employment growth that would expect in a stable economy,” Rosengren added. “When labour markets are tight, we would expect wages and prices to go up over time,” Rosengren said. “The overall view of the US economic growth will be at around 1.7% for the 3rd and 4th quarters of 2019.” Regarding the policy outlook, Rosengren said that the monetary policy is currently accommodative and stated that he has an open mind with regards to further rate cuts. The US Dollar Index didn’t show a significant reaction to these comments and it was last down 0.05% on the day at 98.86. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Bitcoin volumes suffer another blow as BitMex weekend volume falls 50% FX Street 3 years In an interview with CNBC on Friday, Eric Rosengren, president and CEO of the Federal Reserve Bank of Boston, noted that the United States has a very low unemployment rate. "We are getting about the kind of employment growth that would expect in a stable economy," Rosengren added. "When labour markets are tight, we would expect wages and prices to go up over time," Rosengren said. "The overall view of the US economic growth will be at around 1.7% for the 3rd and 4th quarters of 2019." Regarding the policy outlook, Rosengren said that the monetary policy is currently accommodative… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
