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NY Fed president won t commit to rapid interest rate cuts during WP appearance

Federal Reserve Bank of New York President John Williams told the Bronx EDC and BICNY’s 2024 Regional Economic Outlook event held at The Opus Westchester hotel in White Plains on Jan. 10 that the Fed is unlikely to move quickly to cut interest rates while inflation remains above the Fed’s target of 2%. The New York […]

Sushmita Shukla appointed First Vice President, COO of Federal Reserve Bank of New York

Sushmita Shukla appointed First Vice President, Chief Operating Officer of Federal Reserve Bank of New York

According to Shuklas profile on the New York Fed website, she has served in leadership roles in the insurance industry for nearly 20 years and has extensive experience leading large-scale enterprise transformation initiatives, as well as in-depth knowledge of technology and Agile innovation methods.Most recently, Shukla, who lives in Connecticut, was Senior Vice President and Chief Operations Officer for International Accident Health at Chubb, the worlds largest publicly traded property and casualty insurance company, where she led operations, claims technology, and strategic programmes for the international accident and health business in 51 countries.

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