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'We need to step forward': Fed leaders call for new focus on race in the economy

13 days ago   |   By Politico

Top Federal Reserve officials on Wednesday said the central bank has a clear role to play in fighting the damaging economic effects of racism in the U.S. and should do much more to address it.
Atlanta Fed President Raphael Bostic, Minneapolis Fed President Neel Kashkari and Boston Fed President Eric Rosengren delivered that message in the first of an extraordinary series of planned Fed events focused on race and the economy .
"This is a time for us to not shy away," said Bostic, the first African American to lead a regional Fed bank. "But we need to step forward and be present in this...
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