Fed's Rosengren says slowing growth could pull down Fed rate path
Global and U.S. economic growth may be slipping and force the Federal Reserve into a more gradual course of rate hikes than officials currently expect, Boston Fed president Eric Rosengren said on Wednesday. Calling the Fed's first-in-a-decade rate hike in December "uneventful" so far, Rosengren said much of the news since then has not been good. The rout in China's stock market, weak oil prices and other factors are "furthering the concern that global growth has slowed significantly," Rosengren
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