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Fed’s Rosengren says large fiscal package appropriate, hopes for full employment within 2 years

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Fed’s Rosengren says large fiscal package appropriate, hopes for full employment within 2 years

The $1.9 trillion fiscal relief package lawmakers are considering is appropriately large given the pandemic’s effects on the labor market and policymakers will have time to pull back support as the economy approaches full employment, Boston Federal Reserve Bank President Eric Rosengren said on Friday. Read More