Former Boston Fed Head Cleared in Ethics Inquiry
Former Federal Reserve Bank of Boston President Eric Rosengren did not violate any laws or ethics rules in 2020 stock trades but created the appearance of a conflict of interest, investigators said.
Fed Imposes Sweeping New Limits on Policymakers’ Investments
The Federal Reserve is imposing a broad new set of...Fed Trading Scandal Should Spur Reform
The fact that even the economy’s high priests cannot conduct themselves without creating the appearance of corruption shows a simple review of the Fed’s ethics guidelines will not be enough.
Rosengren to Retire from Boston Fed, Citing Ill Health
Eric Rosengren, president of the Federal Reserve Bank of Boston, will retire this week, citing a dramatic downturn in his health.
Rosengren Joins Calls for Fed Stimulus Drawdown
The president of the Federal Reserve Bank of Boston added his voice Monday to a growing number of people, inside and outside the Fed, who say the central bank should soon begin to dial back its extraordinary economic aid.
Rosengren Sees Tailwinds Beyond Slow Vaccine Rollout
While the development and approval of two effective COVID-19 vaccines offer great promise that the public health crisis inflicted by COVID-19 will soon fade, the sputtering rollout of the vaccines is bogging down the economic recovery, the leader of the Federal Reserve Bank of Boston said Tuesday.
Lenders Wait for Pandemic’s Effects on Balance Sheets
Between a lack of lending opportunities and challenges pushed into 2021 by pandemic emergency measures like PPP loans, banks and credit unions are staring at 2021 with wary eyes.
Rosengren: States’ Rush to Reopen Slowed US Recovery
A top official at the Federal Reserve criticized the decision by many states to reopen businesses this spring before getting the virus fully under control, and said those choices have hindered an economic recovery in the U.S.
Boston Fed Chief: Fed’s New Loan Program Could Aid a Slow Recovery
The president of a regional Federal Reserve bank that will oversee a groundbreaking business lending program said Wednesday that he thinks a slower-than-expected recovery from the economic downturn would lead companies to seek critical support from the program.
Rosengren Sketches Dire Picture of Economy
The unemployment rate will likely rise at least as high as it did in the wake of the 2008 financial crisis and the country’s GDP appears on track for two quarters of negative growth as the coronavirus pandemic continues to take its toll, the head of the Federal Reserve Bank of Boston said Wednesday.
Fed Cuts Rates a Third Time this Year but Signals Likely Pause
The Federal Reserve cut its benchmark interest rate Wednesday for the third time this year to try to sustain the economic expansion in the face of global threats. But it hinted that it won’t likely cut again this year.
