Why diversity matters for economic policy
The Federal Reserve is the nation’s central bank whose job it is to support the economy and financial system. So why is the Fed focused on diversity, equity and inclusion?
I think that’s a very fair question. To me, diversity, equity and inclusion sit squarely within our mandate in the sense that we broadly have a mission to promote a healthy economy and a stable financial system on behalf of the public. We are responsible for setting monetary policy to achieve both price stability and
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