Fed's Rosengren: Three hikes in 2018 seems appropriately high

Author: Adam Button | Category: Central Banks

Rosengren on CNBC

  • Appropriate to hike in December
  • "There is a high probability of a December hike"
  • Something we should consider is how much stock markets are likely to go up if we don't continue raising rates
  • Low inflation gives Fed the luxury of moving gradually
  • All the Fed names in the papers so far are qualified

There is a slightly more hawkish shift here and the comments on stock markets are interesting.