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.

Baby, Don’t Fear the Yield Curve

Amid all the signs of trouble ahead, what if the recession-mongers are actually wrong this time? Such is the reassuring, if counterintuitive, case Boston Federal Reserve Bank chief Eric Rosengren laid out last week

Rosengren Warns Of Hot CRE Market

Rising commercial real estate prices in the U.S. could intensify problems in an economic downturn further down the road, the president of the Boston Fed said this week before a banking supervision conference.