Federal Reserve Bank of Boston

Two Federal Reserve Bank presidents were positive about the economy in 2020, but offered a look at what worries them.

Recession fears, which persisted earlier this year, have subsided and Federal Reserve Bank of Boston President Eric Rosengren does not expect a downturn unless a major shock occurs.

With the fed funds rate target cut to a range of 1.50% to 1.75%, the Federal Reserve may not have enough firepower to respond to the next economic shock.

Nonfarm payrolls beat expectations, supporting the belief that while slowing, the employment market remains strong.

With talk of a possible mini deal on trade with China and the Federal Reserve announcing it will buy about $60 billion of Treasury bills each month to build its reserves, the 10-year Treasury note was yielding more than three-month bills on Friday for the first time since July.

The Federal Reserve took center stage again Friday, with two presidents explaining why they dissented at the latest meeting and Vice Chair Richard Clarida terming it “healthy” debate.

Every coin has two sides and that is the case with a possible September rate cut.

Federal Reserve Bank of Boston President Eric Rosengren continued to push back against further interest-rate cuts by the central bank.

While Federal Reserve officials made it clear they intend to cut interest rates at their July 30-31 meeting, not all of the regional presidents are on board with this move.

Trade issues with China should end with a deal, leaving the U.S. economy mostly unscathed, the Federal Reserve Bank of Boston president said.

Federal Reserve Bank of Boston President Eric Rosengren still thinks the central bank’s next move for interest rates is more likely to be a hike than a cut.

Federal Reserve Bank of Boston Eric Rosengren said he favors shortening the average maturity of Treasury securities held in the U.S. central bank’s balance sheet as a way of preparing for the next recession.

With signs of economic weakness toward the end of 2018 and a rise in downside risks, the Federal Open Market Committee can wait “several meetings” before changing rates, Federal Reserve Bank of Boston President Eric Rosengren said Tuesday.

Given the pessimism in the financial markets, the Fed should hold rates until economic trends clarify, Federal Reserve Bank of Boston President Eric Rosengren said Wednesday.

Unless risks materialize, Federal Reserve Bank of Boston President Eric Rosengren see rates being raised gradually until they are "mildly restrictive."

With interest rates expected to remain low by historical standards, Federal Reserve Bank of Boston President Eric Rosengren said Wednesday, the Fed should consider ways to keep short-term interest rates from hitting zero.

While trade policy poses a risk to U.S. economic growth, Federal Reserve Bank of Boston President Eric Rosengren said Friday, he would support faster rate hikes if risks are avoided and the economy gets stronger.

Unless events change the economy, the Federal Open Market Committee will likely need four 25 basis point rate hikes this year, Federal Reserve Bank of Boston President Eric Rosengren said Friday.

Although large scale asset purchase programs may not be as effective as previously believed, Federal Reserve Bank of Boston President Eric Rosengren said Friday, “it is quite likely” that the programs will be needed in the future.

The gradual rate hikes will continue even as inflation remains below the Federal Reserve’s 2% target, Federal Reserve Bank of Boston President Eric Rosengren said Friday.