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Fed's Rosengren optimistic on economy, wary of U.S. trade risks

Reuters  |  BOSTON 

By Svea Herbst-BaylissBOSTON (Reuters) - The Federal Reserve will probably need to raise interest rates at least three more times this year in the face of a robust U.S. economy, even while possible trade disruptions pose risks, a top Fed policymaker said on Friday.Boston Fed President Eric Rosengren, in a speech at the Greater Boston Chamber Economic Outlook Breakfast, painted an optimistic picture of strong U.S. job growth, a small rise in inflation, and above-average economic growth. But he also flagged recent trade tariffs and threats of more as a short-term risk, and argued that fiscal ...

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First Published: Fri, April 13 2018. 19:20 IST