The Fed Is Right to Worry About ‘Kitchen-Table Economics’

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A Time article about Federal Reserve Board Chair Janet Yellen’s keynote at the 2014 National Interagency Community Reinvestment Conference discussed the Chair’s effort to draw attention to the Fed System’s community development activities. The piece highlights the partnerships undertaken by regional banks as another strategy to improve regional economies, including the Federal Reserve Bank of San Francisco’s work with LIIF. In the Chair’s comments, she cited the San Francisco Fed and LIIF’s co-published book, Investing in What Works for America’s Communities, and the quarterback model it advocates for as among the most promising community development initiatives in the country.

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Source: Time