Former Boston Fed Pres.: Investment spend a catalyst
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Former Boston Federal Reserve President Eric Rosengren isn't surprised by a weaker retail sales number with the American consumer dealing with higher oil prices while AI and tech investment drive a large portion of investment spending. He speaks to Romaine Bostick and Isabelle Lee on Bloomberg's 'The Close.' (Source: Bloomberg)
Former Boston Federal Reserve President Eric Rosengren isn't surprised by a weaker retail sales number with the American consumer dealing with higher oil prices while AI and tech investment drive a large portion of investment spending. He speaks to Romaine Bostick and Isabelle Lee on Bloomberg's 'The Close.' (Source: Bloomberg)
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