Federal Reserve Bank of New York President John C. Williams will travel to the U.S. Virgin Islands on May 15 and 16 to meet with leaders in government, business, education, and community development. These meetings serve to inform President Williams on regional issues and are part of the New York Fed's ongoing efforts to assess economic conditions across the Federal Reserve's Second District, which includes the U.S. Virgin Islands, along with New York State, northern New Jersey, southwestern Connecticut, and Puerto Rico.
The first stop on this two-day regional visit will be the island of St. Croix, where President Williams will attend a series of discussions with business and community leaders from St. Croix and St. John. He will then meet with U.S. Virgin Islands Governor Albert Bryan, Jr., to discuss post-pandemic economic conditions in the territory. The day will conclude with a site visit to the Cruzan Rum Distillery.
On Tuesday, May 16, President Williams will travel to St. Thomas, where he will meet with community development and nonprofit leaders to discuss housing affordability, disaster recovery, workforce development, and other issues. The day will conclude with an event at the University of the Virgin Islands, where President Williams will participate in a moderated discussion on the economic outlook and monetary policy with university president Dr. David Hall.
Open Press Event:
A Conversation with New York Fed President John C. Williams
Organizer: University of the Virgin Islands
Date: Tuesday, May 16, 2023
Time: 12:15 p.m. EDT (12:15 p.m. AST)
Location: University of the Virgin Islands
2 John Brewers Bay
St. Thomas, USVI
Text is not expected. Moderated Q&A is expected. This event will be open to media virtually. Members of the press who wish to register must contact Brian Manning at the New York Fed: Brian.Manning@ny.frb.org.