BOSTON (Reuters) – Boston Federal Reserve officials have a pretty good idea what helped the ailing industrial town of Lawrence, Massachusetts, start to make a turnaround, including a state takeover of the public school system and a focused effort to lift job o... More »
FILE PHOTO: Construction is seen in the Hudson Yards area of the West Side of Manhattan in New York U.S., November 21, 2016. REUTERS/Shannon Stapleton The run-up in U.S. real estate prices could potentially amplify any future economic downturn, a Federal Reser... More »
Boston Fed President Eric Rosengren speaks during the Sasin Bangkok Forum in this July 9, 2012 file photo. REUTERS/Sukree Sukplang By the middle of next year, Federal Reserve Bank of Boston President Eric Rosengren says he expects unemployment to fall to 4.7 p... More »
BOSTON Eric Rosengren still expects the Federal Reserve to raise interest rates this year despite what the head of the Boston Fed called a “weak” September jobs report, which could signal a more significant economic slowdown that delays the policy tightening. ... More »
