Name: Eric S. Rosengren
Summary: Even after jobs report, Fed’s Rosengren not convinced economy has hit a soft patch: "So while we did get a weak jobs report, I don’t think that, by itself, would prevent us to necessarily have the same conditions that we put down in the SEP, which the vast majority of people thought would be sufficient to start raising rates. Now if instead of getting what we thought was going to occur in the SEP, we instead get a series of data that are much weaker, and that this jobs report is signaling much weaker, then we obviously shouldn’t do anything. And so it does depend on how the additional data comes in." (Interview appears to have taken place on 10/5, although this is not confirmed.)
Lean: Neutral
Substantially Similar to Prior Statements: No
Statement Date: October 5, 2015
Publication Date: October 6, 2015
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