BOSTON Feb 26 A top Federal Reserve official on
Wednesday said he is more concerned about high U.S. unemployment
and other signs of a weak labor market than about high asset
"When I look at the balance of evidence right now, I don't
see a great deal of issue with the pricing in most financial
markets, and I still see some signficiant problems in labor
markets," Boston Federal Reserve Bank President Eric Rosengren
said after a speech here.
The Fed should be looking at a broader set of measures than
just the main U.S. unemployment rate when it tries to assess the
health of the labor market, he said.