2 Federal Reserve Officials Highlight Deep Divisions on Interest Rates
Two Federal Reserve officials who dissented from this week’s quarter-point rate cut on Friday highlighted the current deep divisions at the central bank.
Two Federal Reserve officials who dissented from this week’s quarter-point rate cut on Friday highlighted the current deep divisions at the central bank.
Rising commercial real estate prices in the U.S. could intensify problems in an economic downturn further down the road, the president of the Boston Fed said this week before a banking supervision conference.
The Federal Reserve Bank of Boston recently announced a new slate of directors for the coming year.
Speaking before a local chamber of commerce, Boston Fed President Eric Rosengren today reiterated his support for a gradual tightening of monetary policy now that the labor market has tightened and the inflation rate slowly returns to the Fed’s 2 percent target.