Fed’s Rosengren Says Important to See If Weak Jobs Were AnomalyBy
Boston Fed head says May payrolls contrast with other data
FOMC voter still expects sufficient growth for gradual hikes
Federal Reserve Bank of Boston President Eric Rosengren said he expects U.S. economic conditions to continue improving, making further rate increases appropriate, although it will be important to see whether a weak employment report for May proves to be an anomaly.
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