Boston Federal Reserve Bank President Eric Rosengren said during an interview with the Associated Press on Monday that the U.S. central bank should announce in September that it will start reducing its $120 billion in monthly purchases of Treasury and mortgage bonds in the fall.
The Federal Reserve Bank of Boston's President and CEO Eric S. Rosengren speaks during the "Hyman P. Minsky Conference on the State of the U.S. and World Economies," in New York, April 17, 2013. REUTERS/Keith Bedford/Fileswith the Associated Press on Monday that the U.S. central bank should announce in September that it will start reducing its $120 billion in monthly purchases of Treasury and mortgage bonds in the fall.
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