Eric Rosengren

"The key word in the press conference was recalibrate. The federal funds rate was too tight given current conditions."

"The concern is that the interests of politicians and the interests of the economy result in contrasting outcomes."

Eric Rosengren joined 'Squawk Box' to discuss whether the Fed is under pressure for rate cuts following the weak jobs report.

"Countries that have experimented with political 'consultation' on monetary policy have experienced prolonged periods of inflation."