Boston Federal Reserve Bank President Eric Rosengren said Friday the Fed should be looking for further ways to stimulate the economy and in particular endorsed additional purchases of mortgage backed securities. Calling the recovery “painfully slow,” “anemic” and “tepid,” despite recent improvements, Rosengren called for further monetary easing, supplemented by policies targeted to address hard-hit housing and small business sectors, in remarks prepared for delivery at an “Economic Summit and Outlook” event in Hartford, Connecticut, Rosengren is not a voting member of the Fed’s policymaking Federal Open Market ... (full story)