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Fed's Williams: Making economy inclusive has benefits for overall activity

FILE PHOTO: A man walks outside The Federal Reserve Bank of New York in New York City, U.S., October 12, 2021. REUTERS/Brendan McDermid

NEW YORK (Reuters) - Federal Reserve Bank of New York leader John Williams said on Tuesday that the economy does better when everyone gets a shot at participating.

“An inclusive economy doesn’t just help those that are in need of more or different opportunities, rather, it boosts the economy more broadly,” Williams said in opening remarks for a conference at his bank.

Williams did not comment on the monetary policy outlook in his brief remarks.

Reporting by Michael S. Derby; Editing by Leslie Adler

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