Boston Fed’s Rosengren parries inflationary fears
Eric Rosengren, the president of the Boston Federal Reserve, on Friday said concerns that the Federal Reserve's quantitative easing programme is creating inflation are unfounded.
At the New England Mortgage Expo, Rosengren said: "Many have expressed concern that Federal Reserve policy actions that expanded our balance sheet dramatically will cause inflation. I firmly believe that in the short run inflation is likely to remain quite low – and that in the longer term we have the tools, and the
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