Eric Rosengren, the head of the Federal Reserve Bank of Boston, is issuing an unusual public plea to his colleagues in Washington, urging the nation’s central bankers to ignore election-year pressures and do more to jump start the muddling economy. Less than a week after Federal Reserve Bank policy-makers elected not to take new steps to stimulate the economy, Rosengren in an interview said the economy is “treading water” and the central bank has to act at its next meeting in September even if it is seen as influencing the presidential election this fall.
Unlimited access to BostonGlobe.com for only 99 cents for the first 4 weeks.Sign up
Are you a home delivery subscriber?
Get FREE access as part of your print subscriptionStart Here
Contact us for help