Fed policymakers are open to more easing after US job growth slows
06 October 2019 - 16:26
New York — Two Federal Reserve policymakers, including one who opposed interest-rate cuts in 2019, have signalled they are open to considering additional easing after data showed on Friday that US job growth slowed in September.
Boston Fed president Eric Rosengren, who has twice dissented in favour of keeping borrowing costs unchanged, said he has an “open mind” on monetary policy and will watch consumer spending closely for any sign that economic growth is falling below its long-run pace of about 1.7%...
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