Rosengren: The Economic Outlook – and Two Risks to the Forecast that are Worth Watching

From bostonfed.org Watch this video at https://www.energyexch.com/news/974208-rosengren-the-economic-outlook-and-two-risks.

Takeaway: As 2020 begins, Fed policymakers anticipate an “almost ideal” economic outcome: inflation returning to target, labor markets remaining strong, and economic growth close to potential. But possible risks to this benign forecast are also worth watching. Excerpt: “As a practical matter, central bankers do not have much historical experience with extended periods where interest rates are running below the estimated equilibrium level while unemployment rates are, simultaneously, historically low. So we want to be alert to any potential risks ...