Boston Fed Appoints New First VP, COO
The Federal Reserve Bank of Boston has named Karen A. Pennell its new first vice president and chief operating officer. She will replace Kenneth C. Montgomery, who will retire this spring.
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.
Boston Fed President Says Low Unemployment Not Signal of ‘Full Employment’
“No one statistic can adequately characterize the labor market, since aggregate numbers do not show the wide range of experiences across people, sectors and places,” Susan Collins said.
Boston Fed First VP and COO to Retire in Spring
Kenneth C. Montgomery, the first vice president and chief operating officer of the Federal Reserve Bank of Boston, is set to retire in the spring after 40 years. Now the bank is launching a national search for a replacement.
Boston Fed President: Inflation Remains Too High
The president of the Federal Reserve Bank of Boston believes that inflation still remains too high and that policymakers are keeping an eye on price stability.
Boston Fed’s Collins: ‘Further Tightening Could Be Warranted’
Boston Federal Reserve President and CEO Susan M. Collins is expecting interest rates to remain at restrictive levels, hinting that the Fed may have to further increase key rates, depending on economic data to come.
Berkshire Bank Adds Former Boston Fed President to Board
Eric Rosengren, the former president of the Federal Reserve Bank of Boston, has joined Boston-based Berkshire Bank’s board of directors.
Boston Fed Names New Board Members
Several big names in the region’s banking industry just scored roles with the Federal Reserve Bank of Boston and its board.
Boston Fed President Expects Unemployment Rate to Rise
Boston Federal Reserve President Susan M. Collins expects a “somewhat higher unemployment rate” as the Federal Reserve continues its steps to bring down inflation. In her first public speech since becoming the Boston Fed president on July 1, Collins said the Fed’s...
Two from CT Join NEPPC Advisory Board
The Federal Reserve Bank of Boston has named five new members to the advisory board of the New England Public Policy Center, including two from Connecticut.
Griffin, Rauh Added to Boston Fed Council
The Federal Reserve Bank of Boston has added two Connecticut bankers to its Community Depository Institution Advisory Council.
Federal Reserve Bank of Boston Names New President
Susan M. Collins, an economist and provost from the University of Michigan, has been named the next president and CEO of the Federal Reserve Bank of Boston.
Board Changes for Boston Fed
Sushil Tuli, the chairman and CEO of Arlington, Massachusetts-based Leader Bank, has been elected to the Federal Reserve Bank of Boston’s board of directors effective Jan. 1, the Boston Fed said in a statement yesterday.
Stakeholders Emphasize DEI in Boston Fed President Search
The committee tasked with finding a new president for the Boston Federal Reserve Bank has made slight adjustments to the job description, including expanding its emphasis on a leader who will champion diversity, equity and inclusion.
CT Commits $2M to Continue Boston Fed’s Working Cities Challenge
Connecticut will continue to participate in the Federal Reserve Bank of Boston’s community development initiative that tackles issues ranging from inadequate child care to unemployment.
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.
Under Fire for Trading During Pandemic, Rosengren to Sell Investments
The president of the Federal Reserve Bank of Boston, Eric Rosengren, will sell all individual stocks he owns in the coming weeks after financial disclosures revealed that he had actively traded in real estate investment trusts during the pandemic.
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.
“Less Optimistic,” Rosengren Outlines Worries Headed Into Fall
The head of the Federal Reserve Bank of Boston is not as optimistic about what’s to come for the national economy as other monetary policymakers.
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.
