Fed's Rosengren in Q&A: Fed needs to see progress on both mandates to raise rates further

Earlier remarks from Federal Reserve Boston President Rosengren here

• Federal Reserve needs to see progress on both mandates to raise rates further
• Would be in no rush at all to hike rates if US inflation does not rise
• Weakness abroad has been a source of surprise
• Would CUT rates if missing 2% GDP growth, unemployment rising, significant weakening in US labor markets ... says he is not forecasting an economy that warrants a Fed easing

(Yeah, I capitalized CUT, its not a typo)

more to come

Headlines on Bloomberg and Reuters