Rosengren retires because of health issues. From a week ago: He "made as many as 37 separate trades in the four REITS while the Fed purchased almost $700 billion in mortgage backed securities". t.co/81ubXGqmOI
— Quoth the Raven (@QTRResearch) September 27, 2021
- Boston Federal Reserve President Eric Rosengren announced he is stepping down on Thursday, citing health concerns.
- The move comes nine months ahead of his planned retirement in June.
- The announcement comes on the heels of controversy the regional Fed leader had faced regarding personal stock trading.