Boston Fed’s Rosengren: Growth Slowing, Deflation Is Emerging Risk

The outlook for U.S. economic growth has dimmed a bit and deflation is emerging as a risk that the Federal Reserve must stand guard against, Federal Reserve Bank of Boston President Eric Rosengren said in an interview with The Wall Street Journal. Bloomberg News Boston Fed President Eric Rosengren “If you were to look at the balance of risks and what we could do about those risks, the risk from a downside shock I would view as more of a problem than the risk of an upside shock of inflation or the economy overall,” Mr. Rosengren said in an interview late last week.