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MNI INTERVIEW: Sept Rate Hike Highly Likely,....>

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FED: MNI INTERVIEW: Sept Rate Hike Highly Likely, Rosengren Says
- A potential trade war would make it harder for the Fed to interpret future
inflation signals, Boston Federal Reserve Bank President Eric Rosengren told MNI
in an exclusive interview Saturday, adding that gradually raising rates
continues to be appropriate and a September hike is highly probable. As
President Donald Trump faces off with major trading partners, threatening
tariffs on their goods unless they make concessions to favor the U.S., Rosengren
said that if tariffs are imposed around the world, there would be a
misallocation of resources which would cause "a lot of uncertainty about what
the pricing pressures will be."
- For full story see MNI Main Wire at 05:01 BST 09/10, or contact us for full
access.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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