Federal Reserve Bank of New York President William C. Dudley will visit the U.S Virgin Islands and Puerto Rico on March 6 and 7 to meet with leaders in the local nonprofit, government and business sectors.
While admitting that there isn’t much the Federal Reserve Bank of New York can do to spur economic growth for the island, William Dudley, the head of the regulatory agency, said Tuesday he is “confident that Puerto Rico has started on the road to recovery.”
Federal Reserve Bank of New York President William C. Dudley will visit Puerto Rico Nov. 28-29 to meet with leaders in the local community, government, business and education sectors, the agency announced Wednesday.
Stabilizing Puerto Rico’s $70 billion debt as a share of its income and reducing it to more sustainable levels should be a key goal of the island’s fiscal and economic policy, New York Fed CEO William Dudley said during a presentation to the CPA Society on Tuesday.
NIMB ON SOCIAL MEDIA