You can now read 10 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.

The Boston Globe


Boston Fed chief says economy still needs work

It’s not a traditional economic indicator, but there is one clear sign that the economy is on the mend: Eric Rosengren, president of the Federal Reserve Bank of Boston, recently took a week off to travel with his wife to Tuscany.

Vacations have been a rarity since Rosengren took the helm at the Boston Fed in the summer of 2007, not long before the worst recession since the Great Depression steamrolled the US economy, roiling the banking system, devastating the housing market, and leaving millions of Americans jobless.

Loading comments...

You have reached the limit of 10 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week