Boston Fed leader predicts double-digit unemployment through 2020

ERIC ROSENGREN, president and CEO of the Federal Reserve Bank of Boston, projected double digit unemployment through the remainder of 2020. / COURTESY FEDERAL RESERVE BANK OF BOSTON
PROVIDENCE – At first glance, the latest unemployment numbers indicate the economy might be starting to bounce back. But that data fails to capture the full extent of the economic turmoil caused by COVID-19, which Eric Rosengren, president and CEO of the Federal Reserve Bank of Boston, warned is far from over. In a virtual…

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