Monetary policy in a low inflation and low unemployment economy: remarks at the Economic Club of New York, New York, New York, May 21, 2019
Boston Fed president Eric Rosengren explored the current economic environment, characterized by low unemployment and lower-than-target inflation ? which are somewhat opposing signals for monetary policymakers.
Perspectives on monetary policy and market volatility: remarks to The Boston Economic Club, Federal Reserve Bank of Boston, Boston, Massachusetts, January 9, 2019
Federal Reserve Bank of Boston President Eric Rosengren spoke about the economy?s outlook, recent stock-market volatility, and the implications for the Fed?s monetary policy. In his talk, Rosengren contrasts the pessimism reflected in financial markets with the relatively optimistic outlooks of professional forecasters and Fed policymakers.
Risk management in monetary policymaking: remarks to the National Association of Corporate Directors, New England Chapter, Boston, Massachusetts, March 5, 2019
Eric Rosengren, the Boston Fed president, offered up a ?relatively strong forecast? for the economy in 2019: growth somewhat above 2 percent, inflation close to the Fed?s 2 percent target, and a labor market that continues to tighten. However, ?risks to that outlook have increased recently,? he said, in a talk focused on assessing and managing those risks.
Monetary policymaking in today’s environment: finding “policy space” in a low-rate world: remarks at the 33rd Annual Cornelson Distinguished Lecture at Davidson College, Davidson, North Carolina, April 15, 2019
Now is a good time to reflect on the Federal Reserve?s monetary policy framework. The U.S. and many developed economies are likely to be challenged by the implications of a low interest rate environment for their ability to offset recessions. The reality of limited monetary policy space provides important context for why the Federal Reserve should broadly consider its current policies and their likely outcomes. While I would currently prefer moving to an inflation range, I look forward to future discussions. A key matter for me will be considering whether the possible changes to the Fed?s ...
Central bank balance sheets: misconceptions and realities: remarks at the Credit Suisse Asian Investment Conference, Hong Kong, China, March 26, 2019
Federal Reserve Bank of Boston President Eric Rosengren explored misconceptions about the Fed?s balance sheet ? the assets the central bank holds, and the liabilities and capital used to finance those assets ? in a speech in Hong Kong.
A Different Kind of Recession
Remarks at the Institute of International Finance: Central Banking in the Age of COVID-19 Summit (delivered via videoconference).
The Fed’s Emergency Facilities: Usage, Impact, and Early Lessons
Remarks at Hudson Valley Pattern for Progress (delivered via videoconference).
Rising to the Challenge: Central Banking, Financial Markets, and the Pandemic
Remarks at the 16th Meeting of the Financial Research Advisory Committee for the Treasury’s Office of Financial Research (delivered via videoconference).
Recent Global Developments and Central Bank Responsibilities in a Changing Risk Landscape
Remarks at the Official Sector Service Providers (OSSP)-Bank Negara Malaysia (BNM)-South East Asian Central Banks (SEACEN) Research and Training Centre Forum on Central Bank Foreign Currency Operations.
The Federal Reserve’s Market Functioning Purchases: From Supporting to Sustaining
Remarks at SIFMA Webinar.