Topic: Eric Rosengren
Fed's Rosengren: Low interest rates appropriate now
Reuters US Online Report Business News
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. "If we take a good hard analytical look at the last recovery, we see that the low fed ...
Boston Fed chief sees weak labor improvement
AP News
<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 ...
Fed officials see choppy recovery for U.S. economy
Reuters US Online Report Business News
<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 Tuesday.</p><p>That means interest ...
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