GLOBALES: Boston Fed's Rosengren says economy needs 'modest, gradual tightening now'
 Inicio > Internacionales | Publicado el Viernes, 23 de Septiembre del 2016
GLOBALES: Boston Fed's Rosengren says economy needs 'modest, gradual tightening now'

GLOBALES: Boston Fed

Reuters / WASHINGTON Boston Federal Reserve President Eric Rosengren said on Friday that he believed interest rates should be raised gradually now and warned that a fall in the unemployment rate below its sustainable level could derail economic recovery in the United States.

"By 2019, I expect the unemployment rate to have declined below 4.5 percent. While I have a long track record of advocating for policy that supports robust labor market conditions, that is below the rate that I believe is sustainable in the long run," Rosengren said in a statement.

Rosengren dissented at this week's Federal Reserve rate- setting meeting that left interest rates unchanged at a range of 0.25 to 0.50 percent.

Kansas City Fed President Esther George and Cleveland Fed President Loretta Mester also dissented, saying they favored raising rates this week.

Neither has yet commented publicly on their reasons. It was the first time since December 2014 that three Fed officials have dissented although George has run against the grain at four of the past five Fed policy meetings.

In his statement, Rosengren said such a low unemployment rate risked overheating the economy, putting upward pressure on inflation and increasing financial-market imbalances, which could ultimately lead to recession.

The U.S. jobless rate currently stands at 4.9 percent.

Rosengren has previously warned about the rapid rise of commercial real estate prices in the United States, which he argues could deepen a downturn if the U.S. economy is hit by a negative shock.

He has also said the United States can withstand a rate increase given its resilience when faced with headwinds from abroad earlier this year such as the slowdown in China and Britain's vote to leave the European Union.

The Federal Reserve raised interest rates for the first time in a decade last December but has since stood pat. On Wednesday, it again held off and said it wanted to see some further improvement in the labor market and inflation. However, Chair Janet Yellen signaled the central bank still expected one hike this year, with traders betting on December.





(Writing by David Chance and Lindsay Dunsmuir; Editing by Chizu Nomiyama and Andrea Ricci)

GLOBALES: Boston Fed's Rosengren says economy needs 'modest, gradual tightening now'

Con Información de Reuters

http://entornointeligente.com/articulo/8987809/GLOBALES-Boston-Feds-Rosengren-says-economy-needs-modest-gradual-tightening-now

Síguenos en Twitter @entornoi

Para mas información visite: Mundinews.com


Instagram Mi Refugio online Twitter Mi Refugio Online Facebook Mi Refugio Online Pagina Web Mi Refugio Online Pagina Web Mi Refugio Online Detener Mi Refugio Online

En Smart-Reputation.com tenemos la solución para mejorar tu reputación on line.
http://www.smart-reputation.com





Destacadas

Tomas Elias Gonzalez  Cabrera igualó a Fred McGriff
Tomas Elias Gonzalez CHILE: Funcionarios del sector público inician paro nacional por 24 horas
Victor Gill JBL y Zulia igualan a cero en el Derbi del Lago
Tomas Elias Gonzalez Benitez La guerra entre Claro, Movistar y TigoUne por el internet móvil

El Nacional / El presidente estadounidense Barack Obama y la canciller alemana Angela Merkel condenaron firmemente este jueves los ataques aéreos "bárbaros" llevados a cabo por las fuerzas armadas rusas y...


El Espectador / El Instituto de Hidrología, Meteorología y Estudios Ambientales (IDEAM) confirmó este jueves en la tarde que, al llegar al norte de Venezuela, el ciclón Matthew pasó a ser...


Emol / SANTIAGO.- Finalmente la Intendencia de la Región Metropolitana autorizó el Arengazo de la Garra Blanca para darle el el último apoyo a Colo Colo, previo al Superclásico del domingo...


Andina / 17:54. Chiclayo, set. 29. Luego de una prolongada reunión de diálogo, sostenida en la sede del gobierno regional de Lambayeque, los directivos de la comunidad campesina Santo Domingo de...

ATENCIÓN: TODOS LOS CONTENIDOS PUBLICADOS EN ESTE SITE SON PROPIEDAD DE SUS RESPECTIVOS DUEÑOS, ENTORNOINTELIGENTE NO SE HACE RESPONSABLE POR LOS CONTENIDOS DE TERCEROS. CADA NOTICIA ESTÁ ASOCIADA AL MEDIO DE ORIGEN.
LOS AVISOS DE GOOGLE SON PROPIEDAD DE GOOGLE Y EN NINGÚN MOMENTO GUARDAN RELACION CON LA LÍNEA EDITORIAL DEL PORTAL ENTORNOINTELIGENTE.COM