The #BostonFed’s veterans employee resource group recently hosted an event featuring Will Collins, the Bank’s social media coordinator. Will, the man behind our Twitter handle, spoke about his @USNavy career, including his 2 years with @USSConstitution. https://t.co/z2V8Vab2An
BostonFed Wed 11 Nov 2020 17:31

With respect and gratitude, we honor all #veterans who served and continue serving in the U.S. armed forces. Happy #VeteransDay from the Boston Fed! https://t.co/1ZPolLzGMj
BostonFed Wed 11 Nov 2020 14:11

RT @FedPayImprove: .@BostonFed’s Mike Timoney spoke with @digitalprivacy on protecting against #syntheticidentityfraud: “There are a lot of…
BostonFed Tue 10 Nov 2020 17:45

This is a time to focus on preventing the buildup of financial imbalances, as many central banks are considering modifying how they respond during shocks. In the U.S., that implies more reluctance to raise interest rates until full employment and 2% inflation are achieved.
BostonFed Tue 10 Nov 2020 15:40

Sadly, the impact is tending to be greatest on workers that are least able to adjust and adapt, #Rosengren says. Women and minorities may not only be disproportionately impacted by excessive risk-taking by defaulted firms, they are more likely to leave the workforce altogether.
BostonFed Tue 10 Nov 2020 15:30

#Rosengren: The consequences of excessive pre-pandemic risk-taking are seen in the corporate sector, as firms that defaulted after the onset of #COVID19 issued much more debt before the shock. This increased leverage appears to have affected their ability to survive the downturn.
BostonFed Tue 10 Nov 2020 15:25

Economic shocks happen, #Rosengren says, but the severity of the consequences depends how fragile the economy was before. In the U.S., risk-taking behavior prior to #COVID19 is likely to delay recovery, even though fiscal and monetary policymakers were swift to respond.
BostonFed Tue 10 Nov 2020 15:20

Pres. Rosengren will sit down with @CNBCJou today following his speech to @UBS about the current condition of the economy. Tune in this afternoon to watch the appearance on @CNBCi.
BostonFed Tue 10 Nov 2020 15:00

The #BostonFed wishes you a happy, safe, and spooky Halloween! https://t.co/WTsSkOBT4i
BostonFed Sat 31 Oct 2020 13:05

RT @FedPayImprove: #FedNow Program Executive Ken Montgomery answered questions at the virtual Chicago Payments Symposium about FedNow? Serv…
BostonFed Tue 27 Oct 2020 15:46

RT @WorkingCities: The Working Places initiative settled on a simple strategy to help teams around New England connect with their #communit…
BostonFed Fri 23 Oct 2020 20:43

RT @FedPayImprove: The demand for instant payments is growing. Learn why the time to modernize the U.S. payment system is now. #instantpaym…
BostonFed Fri 23 Oct 2020 15:18

RT @WorkingCities: The @BostonFed’s Working Communities Challenge has launched in Maine, and bank Pres. Rosengren said this is a chance for…
BostonFed Fri 23 Oct 2020 12:52

RT @WorkingCities: #BostonFed Pres. Eric Rosengren and Maine’s @GovJanetMills today announced the launch of Working Communities Challenge i…
BostonFed Wed 21 Oct 2020 16:11

RT @WorkingCities: The Working Communities Challenge is launching in Maine next week. Join @BostonFed Pres. Eric Rosengren, @GovJanetMills,…
BostonFed Fri 16 Oct 2020 16:11

RT @Libra_: Is platform money sci-fi or the future? @Ddisparte discusses with panelists @MIT's Digital Currency Initiative @neha, Robert Be…
BostonFed Thu 15 Oct 2020 20:55

RT @pymnts: Injecting competition into the instant payments market. @karenmpd's #B2Bpayments2021 fireside chat w/ @BostonFed/ #FedNow's Ken…
BostonFed Thu 15 Oct 2020 17:50

RT @FedPayImprove: .@BostonFed’s Mike Timoney will be speaking on the “Immediate Action Required! Detecting Authorized Fraud” panel at @NIC…
BostonFed Tue 13 Oct 2020 16:33

RT @EdwardLawrence: My 1 on 1 interview with Boston Federal Reserve President Eric Rosengren. He talks his forecast thinking next fiscal st…
BostonFed Fri 09 Oct 2020 15:34

To hear more from Pres. #Rosengren, tune in to @FoxBusiness today at 2:30 p.m. ET to watch an interview with correspondent @EdwardLawrence, or listen to his conversation with @BobOakes tomorrow morning on @WBUR. https://t.co/loqmdOSJvz
BostonFed Thu 08 Oct 2020 17:58

An important mechanism that plays a role in recessionary dynamics is the tightening of credit terms and credit availability during an economic downturn. #Rosengren
BostonFed Thu 08 Oct 2020 16:48

#Rosengren: Losses due to financial shocks adversely affect a wide range of stakeholders – notably lower-wage workers unable to endure an economic downturn. A wave of unnecessary bankruptcies resulting from such shocks can cause a spike in job loss + scarring of the labor market.
BostonFed Thu 08 Oct 2020 16:38

Many firms increased their leverage as the prevailing low-interest-rate environment provided more capacity to take on debt, #Rosengren says. This leverage magnifies returns in good times, and losses in bad times.
BostonFed Thu 08 Oct 2020 16:23

#Rosengren says the state of the economy as it encounters a shock or downturn – and the health of the financial system – can play important roles in recessionary dynamics, and how the recessionary burden is spread across the economy.
BostonFed Thu 08 Oct 2020 16:18

President #Rosengren says the #FederalReserve analyzes data but needs to have conversations about the patterns that have been found before. Having discussions about these patterns “can change the data going forward.” #RacismandtheEconomy
BostonFed Wed 07 Oct 2020 19:43