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Apr 14, 2021
WASHINGTON (AP) 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.
At a webinar sponsored by the Federal Reserve Bank of Minneapolis, the officials and many outside economists addressed the problem on the same day that a study from the Brookings Institution reported that the top ranks of the Federal Reserve system remain disproportionately white, particularly on the boards of the 12 regional Fed banks.
Fed leaders agree: Economics has a racial-disparity problem theridgefieldpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theridgefieldpress.com Daily Mail and Mail on Sunday newspapers.
Christopher Rugaber
In this Nov. 25, 2019 file photo Eric Rosengren speaks during a round table discussion at Silver Lane Elementary School, in East Hartford, Conn. Top Federal Reserve policymakers underscored Tuesday, April 13, 2021 their concern that Black and Hispanic people are sharply underrepresented in the economics field, which reduces the perspectives that economists can bring to major policy issues. âIf we donât have a diverse group of people in the field, we wonât have the right topics to focus on,â said Eric Rosengren, president of the Federal Reserve Bank of Boston. (AP Photo/Steven Senne, file) April 13, 2021 - 2:15 PM
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.
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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.