NY: Federal Reserve News

Herewith some of the latest news blurbs connected to New York’s Federal Reserve.

  1. A recent report from the NY Federal Reserve indicated that expectations of consumer inflation had actually gone down. For the numbers for 2020, the expectations hit their lowest point since January 2016.
  2. On June 19, William Dudley, President of the NY Federal Reserve Bank, participated in a roundtable breakfast meeting in Plattsburgh with local business leaders.
  3. Dudley also met with military installation leaders and Watertown Chamber of Commerce members.
  4. Meanwhile, Charles Evans, Chicago Federal Reserve Bank President, addressed the Money Marketeers of New York University about economic conditions and monetary policy.

Meanwhile, in some good news for the economy it was reported by government that unemployment hit its lowest figure in 16 years, dropping to 4.3 percent.