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Excerpted Article from
Market Watch
Boston’s Fed President said he backed gradual interest rate hikes, saying that waiting too long risks some asset markets becoming “too ebullient.”

Fed’s Rosengren backs interest-rate hike amid concerns on asset prices

Boston Fed President Eric Rosengren laid out the case Friday for gradual rate hikes, saying some asset markets like commercial real estate, could become ‘too ebullient’

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