Eric S. Rosengren, president and CEO of the Federal Reserve Bank of Boston, will be the keynote speaker at a Sept. 3 luncheon hosted by the Greater Manchester Chamber of Commerce and the Business and Industry Association. The event, which will be held from 11:30 a.m. to 2 p.m. at the Center of New Hampshire in Manchester, is sponsored by Bank of America.
Registration for the event is $30 for members and $45 for non-members. To register, call 603-224-5388, ext. 116 or visit acteva.com/go/nhbia.
Rosengren will speak about the state of the economy and the impact of the mortgage crisis on financial markets and economic growth.
Rosengren took office July 23, 2007 as the Federal Reserve Bank of Boston, or Boston Fed’s, 13th chief executive officer. He earned a Bachelor of Arts degree from Colby College, achieving summa cum laude and highest honors in economics. He went on to complete Master of Science and doctoral degrees in economics from the University of Wisconsin, Madison.
Rosengren joined the Boston Fed in 1985 as an economist in the research department. He was promoted to assistant vice president in 1989 and to vice president in 1991, where he served as head of the Banking and Monetary Policy section of the research department. In 2000, he was named senior vice president and head of the supervision and regulation department. He assumed the additional title of chief discount officer in 2003 and in 2005 was named executive vice president.
In 1913, Congress created the Federal Reserve Bank. The Boston Fed is one of 12 Federal Reserve banks around the country and serves the six New England states. The Federal Reserve Bank maintains a safe and sound banking system; interest rates that balance inflation with economic growth; and a payment system of coins and currency, checks, money orders, ATM transactions, debit cards and electronic transfers.