The Fed's Eric Rosengren doesn't expect the economy to pick up any time soon and recent data...

|By:, SA News Editor

The Fed's Eric Rosengren doesn't expect the economy to pick up any time soon and recent data "has not been particularly encouraging." In particular, GDP minus inventories has been anemic. Rosengren believes QE2 could add more than 700K jobs to the economy by the end of 2012.