The Federal Reserve has no plans to dial back its super-easy policy even as the incoming Biden administration lobbies for a new and massive round of stimulus that sets the economy up for faster growth once vaccines are fully rolled out.
Boston Fed Bank President Eric Rosengren on Friday was the latest to join the chorus at the US central bank calling for continued support for the economy, saying on Friday he welcomes President-elect Joe Biden's proposed $1.9 trillion stimulus package.
"It is a big package but I think it's appropriate," Rosengren told CNBC in an interview.
"The economy is