... At Bentley forum, state health commissioner Bharel to discuss vaping's impact on teen brains ...... Former Essex Tech superintendent pays $23,000 penalty for violating conflict of interest law ...... Students stage sit-in to protest unaffordable higher education costs ...... Galvin wants five days of early voting ahead of the March presidential primary ...... Keating: U.S. House votes 275 to 146 for bill recognizing the Mashpee Wampanoag Tribe ...... Study questions metric behind legislative plans to bolster community hospitals ...... Public safety undersecretary Queally nominated for District Court ...... Criminal defense attorney Michael Doolin nominated for Superior Court ...... Riley's timeline puts New Bedford charter school deal up against Beacon Hill deadline ...... AG Healey sues Trump again, claims admin undermining bargaining power of personal care attendants ...... Reconstituted council charged with updating state's economic development plan by end of 2019 ...... Baker to attend briefing Tuesday where activists will press for reforms, in addition to education revenues ...... State opens new round of MassWorks grants ...... OCPF: Middlesex clerk of courts Sullivan makes personal payment to resolve campaign finance issues ...
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House:
ADJOURNED 'til Monday at 11 a.m. (informal)
Senate:
ADJOURNED 'til Monday at 11 a.m. (no calendar)

ON ECONOMY, BOSTON FED PRESIDENT LEANING CLOSER TO OPTIMISTS

By Colin A. Young
STATE HOUSE NEWS SERVICE

STATE HOUSE, BOSTON, JAN. 9, 2019.....The head of the Federal Reserve Bank of Boston on Wednesday advocated for the nation's central bank to be patient and wait out some of the recent volatility in the markets before charting a new course on monetary policy.

Speaking to the Boston Economic Club to give his annual economic outlook, Boston Fed President and CEO Eric Rosengren said it is critical to determine whether recent financial market sentiment -- the Dow Jones Industrial Average declined 12.5 percent from October to December -- is too pessimistic, too optimistic or about right. At the same time, economic forecasts are predicting growth "somewhat above potential," he said.

"My own assessment is closer to the relative optimism of many economic forecasters than it is to the more pessimistic outlook suggested by recent declines in financial markets," Rosengren said, according to his prepared remarks.


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