Boston Fed President Eric Rosengren To Retire After Ethics Issue

Boston Fed President Eric Rosengren, one of the senior Fed officials caught up in the trading disclosures scandal earlier this month, has abruptly decided to retire on Sept. 30, newswires report.

His departure will have a major impact on the pace of Fed policy since he would have become a voter in 2022, and is known for his hawkish stance.

This is a developing story…