News on Eric Rosengren

Fed's Rosengren: Low interest rates appropriate now

2010-03-03T06:45:20Z

<div><p>PHILADELPHIA (Reuters) - Low U.S. interest rates were not the sole cause of the housing bubble, a top Federal Reserve official said on Wednesday, adding that ultra-low interest rates are appropriate now.</p><p>"If we...

Boston Fed chief sees weak labor improvement

2010-02-22T23:28:19Z

<div id="subtitle">Boston Fed chief sees slow economic growth continuing to weigh on jobs growth</div><div><p>The head of the Federal Reserve Bank of Boston said Friday that unemployment will remain high even as the economy recovers as consumers continue to pull back on spending and businesses have trouble getting access to credit.</p>&...

Fed officials see choppy recovery for U.S. economy

2010-02-24T07:21:30Z

<div><p>AUSTIN/ATLANTA (Reuters) - High unemployment and reluctant consumers will likely make an incipient U.S. economic recovery weak and erratic, top Federal Reserve officials said in a string of speeches across the country on T...