Federal Reserve Bank of New York
E. Gerald Corrigan, Who Helped Ease ’87 Stock Crash, Dies at 80
E. Gerald Corrigan, who as the aggressive president of the New York Federal Reserve Bank helped cushion Wall Street’s crash in the late 1980s, died on May 17 in a memory-care center in Dedham, Mass. He was 80. The cause was complications of Alzheimer’s disease, his daughter Elizabeth Corrigan said. As president of the Federal […]
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A Top Official Says the Fed Will ‘Grapple’ With a Faster Bond-Buying Taper
John C. Williams, president of the Federal Reserve Bank of New York, said the latest variant of the coronavirus could prolong the bottlenecks and shortages that have caused inflation to run hotter than expected, and is a risk Fed officials will assess as they “grapple” with how quickly to remove economic support. It is still […]
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