Federal Reserve Chair Jerome Powell Visits East Hartford CONNects

East Hartford CONNects Federal Reserve Chair Jerome Powell

Federal Reserve Chairman Jerome Powell, Boston Fed President Eric Rosengren, East Hartford CONNects partners, neighborhood residents, and local leaders came together on November 24, 2019, to celebrate the progress of East Hartford CONNects.  A bus tour allowed the visitors to learn about East Hartford, ongoing developments, factors that have impacted the local economy, and the progress of the initiative.  This was followed by a discussion of the initiative at Silver Lane School.


Quotes from Chairman Powell at the event:

“Progress requires more than deploying financial capital – we need more social capital that you’re providing as you come together. Everybody is at the table.”

“The labor market is in so many ways the gateway to lots of other forms of social progress,” Powell told the group. “There is no more important work” than what the group is doing in East Hartford, he said.


Click the following links to read coverage of the event and East Hartford CONNects from the following sources:

Federal Reserve Bank of Boston.

Hartford Courant

Reuters

Associated Press

Bloomberg

New York Times