A conversation with Susan M. Collins, president of the Federal Reserve Bank of Boston.
A group of directors at each regional bank is in charge of forming a search committee to hire a new president.
Eric Rosengren says that the Fed’s Main Street Lending Program started off slow, but interest in borrowing has increased.
“Until we have a vaccine and people are completely comfortable, the duration and severity of this downturn are hard to determine,” Boston Fed President Eric Rosengren said.
