The U.S. Economy: Financial Stability, Longer-Term Risks and Reasons for Optimism

Episode Details

Eric Rosengren, the President of the Federal Reserve Bank of Boston is the longest serving regional Fed President and has been at the helm through the 2007 financial crisis and the coronavirus pandemic. In this episode of EconoFact Chats, Eric discusses his perspective on the most immediate financial stability issues that the COVID crisis revealed and ways to address them. He shares his reasons for being optimistic about economic growth in the near term as well as potential areas of concern over the longer term.

(Podcast recorded on 14th April, 2021)

Related content:

Podcasts:

• The Financial Sector and Rescuing the Economy (with Jeremy Stein, Harvard)
• The Federal Reserve: Crisis Responses and New Policy Directions (with Jeffrey C. Fuhrer, Harvard)

Memos:

• What is the Fed Doing to Stabilize Financial Markets? (by Kenneth Kuttner, Williams College)
• Why Did the Fed Change Its Framework? And Why Does It Matter? (by Jeffrey C. Fuhrer, Harvard)