Rosengren sees QE until jobless rate hits 7.25%

The Federal Reserve should not consider halting its bond-buying effort to stimulate the economy until the unemployment rates falls to 7.25%, said Eric Rosengren, the president of the Boston Federal Reserve Bank, on Tuesday. In an interview with MarketWatch, Rosengren said a half a percentage point…

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Rosengren sees QE until jobless rate hits 7.25%