Trial now
USDCAD TECHS

Stronger In a Range

AUDUSD TECHS

Weaker In A Range

US TSYS SUMMARY

Ending The Week On A Soft Note

EURJPY TECHS

Bearish Risk Growing

USDJPY TECHS

Stronger, But Still Vulnerable

US

SP500 PE Ratio vs. CPI Inflation

(MNI)

Boston Fed President Eric Rosengren said Thursday the slow build of debt in the pre-Covid low-interest-rate environment likely will make the economic recovery from the pandemic more difficult, also emphasizing the need to take more action against financial stability risks.

"The increased risk build-up, such as the reaching-for-yield behavior in commercial real estate or increased corporate leverage, make economic downturns including this one more severe," the Boston chief said in prepared remarks for a speech at Marquette University, adding that banking data do not yet reflect significant problems in commercial real estate. "If we expect to remain in a low-interest-rate environment for a protracted period of time, we need to take more precautions against financial stability risks for when the next economic shock hits," he said without adding specifics.