On Thursday, May 21, New York Fed President John Williams spoke to three Chambers of Commerce in Upstate New York about the U.S. economy during the coronavirus pandemic.
May 21, 2020
Key Takeaways from President Williams’s Speech on the Economy in the Time of Coronavirus
Posted in Economic Outlook | Permalink
April 22, 2020
CDFIs: Critical Players in Mitigating the Economic Challenges of the Pandemic
During this time of extreme economic shock, community development financial institutions — commonly known as CDFIs — have demonstrated their ability to deliver capital to underserved communities, many of which are reported to be taking the brunt of the coronavirus pandemic’s impacts. Many CDFIs acted early in infusing much-needed capital to address financing gaps resulting from the pandemic, and their expertise could help ease the tension between timely delivery of capital and accountability to ensure responsible lending. They would benefit from a broad set of partners to continue in that role.
Posted in Community Development | Permalink
April 16, 2020
Key Takeaways from President Williams’s Speech on the Economic Effects of the Coronavirus Pandemic
On Thursday, April 16, New York Fed President John Williams spoke to the Economic Club of New York about how the Federal Reserve is responding to the current economic turmoil.
March 19, 2020
Investment Connection Puerto Rico: Furthering Economic and Community Development
This past January, the New York Fed hosted its first Investment Connection pitch program in Puerto Rico. Community development financial institutions, investors, and philanthropists gathered in San Juan to hear funding proposals from 30 economic and community development organizations from both rural and urban regions of Puerto Rico.
Posted in Community Development | Permalink
January 27, 2020
Investing in America’s Workforce: Events Around the Second District
In the year since the release of the book Investing in America’s Workforce: Improving Outcomes for Workers and Employers, the New York Fed has organized a number of events across the Second District that are part of the Federal Reserve’s Investing in America’s Workforce (IAW) initiative.
Posted in Community Development | Permalink
January 14, 2020
Key Takeaways from President Williams’s Speech on Culture in Financial Services
On Tuesday, January 14, New York Fed President John Williams spoke at an event hosted by the Banking Standards Board, the New York Fed, and the London School of Economics about culture in the financial services sector.
Posted in Banking Culture | Permalink
January 10, 2020
Garden State of Mind: From the Shore to the Capital to Brick City
In his final regional visit of 2019, President Williams traveled to Asbury Park, Trenton, and Newark, New Jersey, where he met with community and business leaders, local elected officials, and statewide agency heads. New Jersey is the nation’s most urban and densely populated state, and is among its most wealthy and diverse — factors that loomed large during the daylong visit. Topics of discussion included housing affordability, the intersection between workforce development and higher education, the significance of anchor institutions, and strategies for addressing gentrification.
Posted in Regional Visits | Permalink
January 9, 2020
Key Takeaways from President Williams’s Speech on the Future of Inflation Targeting
On Thursday, January 9, New York Fed President John Williams spoke at the Bank of England about the future of monetary policy frameworks, and what that means for inflation targeting.
Posted in Economic Outlook | Permalink
December 12, 2019
Second District Triumphs in Annual College Fed Challenge
Pace University recently won the 16th annual national College Fed Challenge, a competition hosted by the Federal Reserve’s Board of Governors. The winning team, which represented our district — the Fed’s Second District — included members Scarlett Bekus, Joseph Drennan, Sean Freda, Marissa Kleinbauer, and Dylan Seals, and was led by faculty advisors Greg Colman and Mark Weinstock. The Lower Manhattan-based school prevailed against teams from Harvard University, Loyola University Maryland, the University of Chicago, and the University of Pennsylvania.
Posted in Economic Education | Permalink
November 21, 2019
Strategies for Equitable Growth in Western New York
The New York Fed held a third listening session on strategies for equitable growth and development on September 26 in Buffalo, New York. This series is part of our continued efforts to understand neighborhood change and trends related to displacement in the Second District.
Posted in Community Development | Permalink
