Federal Reserve Bank of San Francisco President John Williams said the central bank should avoid encouraging excessive financial risk-taking as it pursues its goals of full employment and stable prices.
Federal Reserve Bank of Boston President Eric Rosengren said the central bank should adopt more specific guidance on the likely path of interest rates after dropping a link to a jobless rate of 6.5 percent.
Federal Reserve Bank of Boston President Eric Rosengren said that while the conflict in Ukraine probably won’t destabilize the U.S., Europe faces more risk to its banking system or a potential oil-supply disruption.
U.S. regulators concerned that banks and brokerage firms remain too dependent on risky types of short-term funding are weighing new rules designed to reduce reliance on parts of what is often called the shadow banking system.
Federal Reserve Bank of Boston President Eric Rosengren, the lone dissenter from the Fed’s plan this week to taper its bond purchases, said policy makers should have waited for more evidence of economic strength rather than rely on forecasts that have too often been wrong.
Federal Reserve Bank of Boston President Eric Rosengren, the only dissenter against a Fed decision to taper bond buying, said he is now comfortable with the strategy to gradually cut monthly purchases in the future.