Statement

Name: Eric S. Rosengren

Summary: Boston Fed chief upbeat about region’s economy: "Rosengren, who this year becomes a voting member of the Open Market Committee, the Fed’s rate-setting panel, said policy makers will watch data closely as they determine if, when, and by how much to raise short-term interest rates. Last month, the Fed raised its benchmark short-term rate by a quarter-point after having held it near zero for seven years. “A lot of the weak data has been in the last two weeks,” Rosengren said. “We need more time to see how things shake out.”"

Lean: Neutral

Substantially Similar to Prior Statements: No

Statement Date: January 15, 2016

Publication Date: January 18, 2016

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