Ex-Fed’s Rosengren: Expect a hawkish skip this week

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Ex-Fed’s Rosengren: Expect a hawkish skip this week

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    Former President of Bosteon Federal Reserve Bank, Eric Rosengren, tweeted early Monday, sharing his view on the upcoming Fed interest rates decision.

    “Expect a hawkish skip this week.”

    “FOMC participants will be providing their summary of economic projections.”

    “Those projections are likely to show a hawkish dot plot reflecting still sticky inflation and tighter labor markets – tighter than many had previously expected.”

    The US Dollar Index is consolidating the previous rebound at around 103.60, adding 0.04% on the day.

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