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Federal Reserve leaders agree: Economics has a racial-disparity problem
A study from the Brookings Institution reports Federal bank directors 'are overwhelmingly white' and 'overwhelmingly male.'
By CHRISTOPHER RUGABERAssociated Press
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WASHINGTON — Top Federal Reserve policymakers on Tuesday underscored their concern that Black and Hispanic people are sharply underrepresented in the economics field, which lessens the perspectives that economists can bring to key policy issues.
“If we don’t have a diverse group of people in the field, we won’t have the right topics to focus on,” said Eric Rosengren, president of the Federal Reserve Bank of Boston.