Fed's Rosengren on Inflation, Labor Market, Wages

The transcript discusses monetary policy, inflation expectations, and unemployment rates, highlighting the challenges of achieving a 2% inflation target amidst global economic conditions. It explores the dynamics of inflation, labor market tightness, and wage pressures, while considering the impact of external shocks like hurricanes on economic data. The discussion also covers the influence of interest rates on economic growth and potential risks associated with low rates. Finally, it examines the role of the Federal Reserve and the influence of policy changes on economic stability.

What challenges are presented by low interest rates over an extended period?

What are the potential risks of a new chairman influencing the Federal Reserve's policies?

What concerns are raised regarding the commercial real estate sector?

How does the Boston economy currently compare to historical trends?