Without faster economic growth, it could take until 2017 or 2018 to reach full employment, Federal Reserve Bank of Boston President & Chief Executive Officer Eric S. Rosengren said Monday.

With the economic recovery "tepid" to date, reaching full employment, which he defined as a 5.25% unemployment rate, would take until the end of 2016, but that would be with GDP of 3.3%, when the Fed expects GDP growth of just 3%. Should GDP be 2.8%, he estimated reaching full employment at the end of 2018.

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