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US Likely to See Recession, Says Former Boston Fed President Rosengren

DeFi Daily News by DeFi Daily News
April 30, 2025
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US Likely to See Recession, Says Former Boston Fed President Rosengren
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Former Federal Reserve Bank of Boston President Eric Rosengren says a US recession is likely this summer unless the Trump administration pulls back on its tariff policy. He expects the Federal Reserve to move slowly until it’s apparent “what the inflation and employment shocks are.” He speaks on “Bloomberg Surveillance.”
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Tags: bostonCentral Bank Interest Ratesconsumer spendingEric Rosengrenfedfed minutesFederal ReserveJonathan FerroLisa AbramowiczpresidentrecessionRosengrentariffstrade warstrump tariffsU.S. GDPunemploymentUS economy
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