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Fed’s Rosengren Says It Is Time to Weigh Pulling Back Stimulus

Fed’s Rosengren Says It Is Time to Weigh Pulling Back Stimulus

Federal Reserve Bank of Boston President Eric Rosengren said Friday he is ready to debate pulling back on the U.S. central bank’s support for the economy, in part over concerns that ultra easy credit could destabilize it.

“It’s certainly time to start thinking about how quickly is it appropriate to remove accommodation,” Mr. Rosengren said, without offering a timetable or how he would prefer that to happen.

Mr….

Source: https://www.wsj.com/articles/feds-rosengren-says-it-is-time-to-weigh-pulling-back-stimulus-11624651735?mod=pls_whats_news_us_business_f