Boston Fed's Rosengren Calls For More Quantitative Easing

Federal Reserve Bank of Boston President Eric Rosengren Tuesday called on the Fed to launch an aggressive, open-ended bond-buying program that the central bank would keep in place until both U.S. GDP growth and job growth increase, the Wall Street Journal reported Tuesday.

Rosengren currently does not have a vote on monetary policy on the Federal Open Market Committee; 12 Fed presidents participate in Fed deliberations, but only five vote.