Boston Federal Reserve Bank president Eric Rosengren suggested Wednesday he is leaning toward favoring renewed quantitative easing to stimulate the economy, bring down unemployment, and avoid further disinflation and possible deflation.

His support for quantitative easing occurred on a day when Philadelphia Fed president Charles Plosser and Minneapolis Fed president Narayana Kocherlakota publicly opposed such action. The dueling speeches illustrate the divisions at the central bank, which is charged with maintaining price stability and full employment.

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