FED’S ROSENGREN: EXPECT A HAWKISH SKIP THIS WEEK

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Former President of Bosteon Federal Reserve Bank, Eric Rosengren, tweeted early Monday, sharing his view on the upcoming Fed interest rates decision.

Key quotes

“Expect a hawkish skip this week.”

“FOMC participants will be providing their summary of economic projections.”

“Those projections are likely to show a hawkish dot plot reflecting still sticky inflation and tighter labor markets - tighter than many had previously expected

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