Fed’s Rosengren: Not in favor of Fed using negative rates

More comments cross the wires from the Boston Fed President Eric Rosengren, as he continues to speak about the Fed’s monetary policy.

The US has more flexibility to expand balance sheet and run deficits than other countries, but can still risk losing market's confidence.

The US is not in extremes of broad financial asset valuations.

Financial stability concerns are not so large that he would want to slow the economy further.

Not in favour of Fed using negative rates.