Former Boston Fed Head Cleared in Ethics Inquiry
Former Federal Reserve Bank of Boston President Eric Rosengren did not violate any laws or ethics rules in 2020 stock trades but created the appearance of a conflict of interest, investigators said.
Fed Imposes Sweeping New Limits on Policymakers’ Investments
The Federal Reserve is imposing a broad new set of restrictions on the investments its officials can own, a response to questionable recent trades that forced two top Fed officials to resign.
Rosengren to Retire from Boston Fed, Citing Ill Health
Eric Rosengren, president of the Federal Reserve Bank of Boston, will retire this week, citing a dramatic downturn in his health.
Rosengren Joins Calls for Fed Stimulus Drawdown
The president of the Federal Reserve Bank of Boston added his voice Monday to a growing number of people, inside and outside the Fed, who say the central bank should soon begin to dial back its extraordinary economic aid.
Lenders Wait for Pandemic’s Effects on Balance Sheets
As another wave of COVID-19 cases threatens to deepen the nation’s twin public health and economic crises, Connecticut community banks and credit unions continue to face uncertainties about how the coronavirus could affect their institutions.
Boston Fed Chief: States’ Rush to Reopen Slowed US Recovery
A top official at the Federal Reserve criticized the decision by many states to reopen businesses this spring before getting the virus fully under control, and said those choices have hindered an economic recovery in the U.S.
Boston Fed Chief: Fed’s New Loan Program Could Aid a Slow Recovery
The president of a regional Federal Reserve bank that will oversee a groundbreaking business lending program said Wednesday that he thinks a slower-than-expected recovery from the economic downturn would lead companies to seek critical support from the program.
