Topic: Eric Rosengren
Boston Fed chief sees weak labor improvement
AP News
Boston Fed chief sees slow economic growth continuing to weigh on jobs growthThe 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. Eric ...
Fed officials see choppy recovery for U.S. economy
Reuters US Online Report Business News
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 Tuesday. That means interest rates, currently at historic lows close to zero, should remain near that ...
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