Federal Reserve Bank of Boston
Eric S. Rosengren

Eric S. Rosengren
President
Federal Reserve Bank of Boston

Eric S. Rosengren took office on July 23, 2007, as the 13th president and chief executive officer of the First District, Federal Reserve Bank of Boston. He is currently serving a full term that began March 1, 2011. In 2019, he serves as a voting member of the Federal Open Market Committee.

Dr. Rosengren has held senior positions within the Federal Reserve in both the research and bank supervision functions. He joined the Federal Reserve Bank of Boston in 1985 as an economist in the Research Department. He was promoted to assistant vice president in 1989 and to vice president in 1991 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, he was named executive vice president. While in the bank supervision function, he obtained significant domestic and international regulatory experience related to the Basel II Capital Accord.

In his research, Dr. Rosengren has made significant contributions in the fields of banking and monetary policy, and he has written extensively on macroeconomics, international banking, bank supervision, and risk management. He has been an author on a variety of papers on macroeconomics, banking, and risk management, including articles in many of the top economics and finance journals. He has served as an adviser on Japanese banking issues, and a focus of his research has been how financial problems can impact the real economy.

Dr. Rosengren was born on June 3, 1957, in Ridgewood, New Jersey. He graduated from Colby College with a B.A. in economics. He attended the University of Wisconsin, Madison, where he earned an MS in economics in 1984 and a PhD in economics in 1986.

Bank Location

600 Atlantic Avenue
Boston, MA 02210
(617) 973-3000
Visitor Information

Head office at Boston, Massachusetts.

No branches.

Covers the states of Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont; and all but Fairfield County in Connecticut.

Website: https://www.bostonfed.org/

Boston District

List of Directors
Class A
Name Title Term expires
December 31
Bruce Van Saun Chairman and Chief Executive Officer
Citizens Financial Group
Stamford, Connecticut
2019
Michael E. Tucker President and Chief Executive Officer
Greenfield Co-operative Bank
Greenfield, Massachusetts
2020
Chandler Howard President and Chief Executive Officer
Liberty Bank
Middletown, Connecticut
2021
Class B
Name Title Term expires
December 31
Niraj Shah Chief Executive Officer, Co-Founder, and Co-Chairman
Wayfair
Boston, Massachusetts
2019
Kimberly Sherman Stamler President
Related Beal
Boston, Massachusetts
2020
Roger W. Crandall Chairman, President, and Chief Executive Officer
MassMutual Financial Group
Springfield, Massachusetts
2021
Class C
Name Title Term expires
December 31
Christina Hull Paxson
(Deputy Chair)
President
Brown University
Providence, Rhode Island
2019
Kathleen E. Walsh President and Chief Executive Officer
Boston Medical Center
Boston, Massachusetts
2020
Phillip L. Clay
(Chair)
Professor Emeritus of City Planning
Massachusetts Institute of Technology (MIT)
Cambridge, Massachusetts
2021

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Last Update: February 25, 2019