New head for Boston Fed

Eric Rosengren will become president and chief executive officer of the Federal Reserve Bank of Boston on 23 July. He will succeed Cathy Minehan who retires after 13 years as president of the Boston Fed, and nearly 40 years of service in the Federal Reserve System.

Rosengren joined the Boston Fed as an economist in 1985 and is currently its Executive Vice President and Head of Supervision, Regulation and Credit. Before that he was head of the Banking and Monetary Policy section of the bank's

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