Eric Rosengren, Boston
eric rosengren

Rosengren has recently been a staunch defender of the Fed's accomodative policies, and has even indicated he would be open to doing more to boost the economy.

He often presents research showing that the Fed's low interest rates are having a positive impact on the economy by making it cheaper for consumers to purchase homes or cars.

"Overall, I see monetary policy having an impact, in encouraging the purchase of interest-sensitive assets like homes, cars, and consumer durables," he said in a speech earlier this month.

"The most interest-sensitive sectors have been responding to the monetary stimulus from the Fed, and this stimulus has provided a major source of strength for the economy last year. And it is likely to be a source of support in 2013. "

While he will often nod to the inflation fears of his more hawkish colleagues, he points to high unemployment as his bigger concern at the moment.


  @AnnalynKurtz - Last updated January 29 2013 08:12 AM ET
Join the Conversation
Inside the Fed's fight

The Federal Reserve has moved boldly, even as it debates internally over whether its monetary policy actions help the economy.

Overnight Avg Rate Latest Change Last Week
30 yr fixed4.36%4.24%
15 yr fixed3.39%3.26%
5/1 ARM3.36%3.27%
30 yr refi4.34%4.22%
15 yr refi3.38%3.24%
View rates in your area
 
Find personalized rates:
Rate data provided
by Bankrate.com
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.