Fed’s Rosengren Says Important to See If Weak Jobs Were Anomaly

  • Boston Fed head says May payrolls contrast with other data
  • FOMC voter still expects sufficient growth for gradual hikes

What's Next For the Fed Following Dismal Jobs Data?

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.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.