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    04.04.2016 15:23 Boston Fed President Eric Rosengren: the Fed could hike its interest rate sooner than expected by markets

    Boston Fed President Eric Rosengren said in a speech on Monday that the Fed could hike its interest rate sooner than expected by markets.

    "If the incoming data continue to show a moderate recovery - as I expect they will - I believe it will likely be appropriate to resume the path of gradual tightening sooner than is implied by financial-market futures," he said.

    Rosengren noted that the U.S. economy could withstand developments abroad, and financial market volatility subsided.

    Rosengren is a voting member of the Federal Open Market Committee (FOMC) this year.


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