Four common misconceptions about the Federal Reserve
Remarks by Eric S. Rosengren, President and Chief Executive Officer, Federal Reserve Bank of Boston, at the Boston Economic Club, Boston, Massachusetts, November 16, 2011
The U. S. economy: an optimistic outlook, but with some important risks: remarks at the Greater Boston Chamber of Commerce Economic Outlook Breakfast, Boston, Massachusetts, April 13, 2018
Boston Fed President Eric Rosengren said that his own economic forecast and the forecasts of his colleagues on the Fed's policy committee are "quite positive" ? citing fairly strong economic growth, job creation, falling unemployment, and inflation rising close to the Federal Reserve's 2 percent target. But Rosengren detailed both short-run and longer-run risks to that positive outlook.
Financial Stability Factors and the Severity of the Current Recession [UBS European Virtual Conference]
Economic shocks happen, but the severity of the consequences depends on how fragile, or susceptible to financial instability, the economy was prior to the shock. In the U.S., excessive risk-taking behavior prior to COVID-19 is likely to delay the recovery, even though the initial response by fiscal and monetary policymakers was a prompt and substantial mitigant.
Making monetary policy: rules, benchmarks, guidelines, and discretion: remarks at the Federal Reserve Bank of Boston's 61st Economic Conference, Boston, Massachusetts, October 13, 2017
Boston Fed President Eric Rosengren weighed in on a longstanding debate: Should monetary policymakers adhere to a rules?based approach, as recent legislation would suggest? Or should they be able to determine how best to achieve the outcomes mandated by Congress (maximum sustainable employment and stable prices)?
The macroprudential implications of the 1990s Japanese financial crisis: remarks at the 5th Annual Macroprudential Conference, Eltville, Germany, June 21, 2019
The Japanese financial crisis of the late 1990s had significant implications for both the Japanese and global economies. Effective use of macroprudential tools ? that is, banking regulations aimed at mitigating financial-system risk ? could have lessened the crisis in Japan. Unfortunately, it wasn't until the financial crisis of 2008 that countries began to work on improving macroprudential policies. Bank stress tests and the use of a countercyclical capital buffer (or CCyB) are two macroprudential tools that emerged from the financial crisis which could have reduced the severity of the ...
Liquidity and systemic risk.
Presented by Eric S. Rosengren, President and Chief Executive Officer, Federal Reserve Bank of Boston, for the Federal Reserve Bank of Richmond's 2008 Credit Markets Symposium, The Changing Business of Banking, Charlotte, North Carolina, April 18, 2008
Money market mutual funds and stable funding
Remarks by Eric S. Rosengren, President and Chief Executive Officer, Federal Reserve Bank of Boston, at the Conference on Stable Funding, New York, New York, September 27, 2013.
New monetary policy tools: what have we learned?
In a speech at the Central Bank of Guatemala, Federal Reserve Bank of Boston President Eric Rosengren discussed ?new? monetary policy tools (including forward guidance and large-scale asset purchases) and shared his opinion on how U.S. monetary policy could evolve.
Reviewing monetary policy frameworks: remarks at a Forum on the Federal Reserve’s Inflation Target, the Hutchins Center on Fiscal and Monetary Policy, the Brookings Institution, Washington, D.C., January 8, 2018
Eric Rosengren's panel remarks were delivered at The Brookings Institute event, ?Should the Fed stick with the 2 percent inflation target or rethink it??
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.