Federal Reserve Bank of Boston
Labor market slack and monetary policy
In a speech to the Boston Economic Club, Federal Reserve Bank of Boston President Eric Rosengren called for a "patient approach" to removing the Fed's accommodative monetary policy, given the high numbers of U.S. workers who want full-time work but are currently working part time. He also cited the still-high unemployment rate, and the very low inflation rate.
Cite this item
Eric S. Rosengren, Labor market slack and monetary policy, Federal Reserve Bank of Boston, Speech 82, 26 Feb 2014.
Note: Remarks by Eric S. Rosengren, President and Chief Executive Officer, Federal Reserve Bank of Boston, at the Boston Economic Club, Boston, Massachusetts, February 26, 2014.
This item with handle RePEc:fip:fedbsp:82
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