Boston Federal Reserve president Eric Rosengren spoke at the Credit Suisse Asian Investment Conference in Hong Kong. Photo: Xiaomei Chen

Central banks must turn to global financial crisis tool box to tackle the next recession, says Fed’s Rosengren

  • Boston Federal Reserve president Eric Rosengren says observers should understand that central banks must use their balance sheets to confront potential recession
  • Also calls for US Federal Reserve to hold more short-term US Treasury securities to make it easier to stimulate economy
Topic |   Federal Reserve

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Boston Federal Reserve president Eric Rosengren spoke at the Credit Suisse Asian Investment Conference in Hong Kong. Photo: Xiaomei Chen
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