Lack of diversity is holding Fed back, says San Francisco president
Critics have given the central bank a needed ‘kick in the pants’ – Williams
Until the Federal Reserve advances its diversity and inclusion efforts, it will continue to miss "enormous opportunities" to expand its horizons, vision and labour pool, and ultimately its success, the president of the San Francisco Fed has said.
Speaking in New Jersey on October 19, John Williams stressed that the Federal Reserve was not as diverse as it should be. "Our organisations affect all Americans, yet in large part we don't share the same cultural and gender diversity of the public we
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