The Fed is pursuing a more inclusive recovery. Its newest regional bank president shows it's doing so with a more diverse staff.
is changing. Its leadership is poised to become more diverse, and its updated playbook is trading low inflation for a more inclusive recovery.
She'll immediately shoulder some huge responsibilities, too. Collins will become a voting member of the Federal Open Market Committee in the second half of the year, meaning she'll help pilot the central bank as it reins in pandemic support and escalates its fight with historic inflation.
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