The U.S. central bank may have jumped the gun in deciding to reduce its bond-buying stimulus given too-high unemployment and too-low inflation, a top Federal Reserve official who opposed the move said on Friday.
In comments posted on his website less than 48 hours after he cast his lone dissent against the decision, Boston Federal Reserve Bank President Eric Rosengren said he expects the U.S. economy to continue to strengthen and for growth to be close to 3 percent next year.
But, he said, "I do not yet have sufficient confidence in this outlook to risk the removal of any monetary accommodation at this time.''
With the jury still out on the sustainability of the recovery, he said, "My decision to cast a dissenting vote was focused on counseling patience in removing monetary accommodation.''
(Read more: Fed to taper bond buying by $10 billion a month)