Fed’s Rosengren ‘Not Concerned’ About Inflation With 10% Unemployment

Fed’s Rosengren ‘Not Concerned’ About Inflation With 10% Unemployment

Federal Reserve Bank of Boston President Eric Rosengren says that despite the jump in the July U.S. consumer price index, it is “very premature to be concerned about a significant increase in inflation.” He speaks with Bloomberg’s Mike McKee on “Balance of Power.”