Boston Fed President Says Economy "Consistently Weak," Accomodations Still Needed

In comments that may make QE3 more certain, Boston Fed President Eric Rosengren said that the economy has been "consistently weak" for the past two years, despite experiencing periods of strong growth. Rosengren becomes a voting member in 2012, and said the June jobs report was "dismal" and the Federal Reserve will continue to provide accommodation for the economy.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: EconomicsBoston Fed President Eric RosengrenFederal Reserve
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!