Fed's Williams: Making economy inclusive has benefits for overall activity
FILE PHOTO: A man walks outside The Federal Reserve Bank of New York in New York City, U.S., October 12, 2021. REUTERS/Brendan McDermid
By Michael S. Derby
NEW YORK (Reuters) - Federal Reserve Bank of New York leader John Williams said on Tuesday that the economy does better when everyone gets a shot at participating.
"An inclusive economy doesn't just help those that are in need of more or different opportunities, rather, it boosts the economy more broadly," Williams said in opening remarks for a conference at his bank.
Williams did not comment on the monetary policy outlook in his brief remarks.
(Reporting by Michael S. Derby; Editing by Leslie Adler)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- The Warsh pivot markets didn't expect
- Bitcoin’s worst is over, former Credit Suisse risk head sees $150,000 by 2027
- Trump weighs "mow the lawn" strategy to counter Iran in Strait of Hormuz
Create E-mail Alert Related Categories
Fed, General News, ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share