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21:25
03/25/19
03/25
21:25
03/25/19
21:25

Fed's Rosengren warned that U.S. Q1 growth is likely to be weak

Fed's Rosengren warned that U.S. Q1 growth is likely to be weak and the next three quarters are likely to be much closer to 2.0-2.5%. The moderately hawkish Boston Fed voter warned that China and Europe are still risks to that downgraded growth forecast. He concluded that the "Fed pause is the responsible thing to do now" and lower global yields were pushing down on yields in the U.S. In his personal view, negative rates are "probably not an appropriate way to respond to the next recession." Rosengren also pointed out that the "dot plot" is not a promise of policy direction, but depends on the changes in the economy. This was more in line with his hawkish predisposition in an otherwise fairly dovish slant. He was speaking at a CS Asian Investment Conference in Hong Kong.

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AZZ

AZZ Inc.

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XOG

Extraction Oil & Gas

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-0.2 (-4.80%)

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BP

BP

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0.02 (0.05%)

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BP ramped up Arctic drilling campaign after Trump's election, Guardian reports »

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DAL

Delta Air Lines

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SRCI

SRC Energy

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PDCE

PDC Energy

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UAL

United Continental

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KEYS

Keysight Technologies

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CRZO

Carrizo Oil & Gas

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DISH

Dish

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EchoStar

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Dish to acquire EchoStar BSS Business in all-stock transaction valued at $800M »

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Dish

$35.33

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EchoStar

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MO

Altria Group

$52.34

0.19 (0.36%)

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Capital Re buys Juul shares valuing company over $38B, NY Post reports »

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AACAY

AAC Technologies

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NTES

NetEase

$266.54

-12.69 (-4.54%)

, DIS

Disney

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Disney

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LH

LabCorp

$164.45

-0.5 (-0.30%)

, DGX

Quest Diagnostics

$97.24

0.76 (0.79%)

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LabCorp, Quest Diagnostics, UnitedHealth analyst commentary  »

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LH

LabCorp

$164.45

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DGX

Quest Diagnostics

$97.24

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UNH

UnitedHealth

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4.15 (1.75%)

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LPX

Louisiana-Pacific

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RDY

Dr. Reddy's

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JACK

Jack in the Box

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TGT

Target

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MIK

Michaels

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SATS

EchoStar

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-0.21 (-0.52%)

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Dish

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Dish

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PLD

Prologis

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LSI

Life Storage

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EOG

EOG Resources

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EQT

EQT Corporation

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XEC

Cimarex Energy

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