Fed urged to continue efforts to expand workforce

New York

FEDERAL Reserve Bank of New York president William Dudley said the US central bank should continue seeking to draw Americans back into the workforce as it debates raising interest rates.

"You certainly want to go as far as you can," Mr Dudley told the Business Council of New York State on Wednesday in Albany, New York. "You don't want to keep people unemployed just because you think you're already at the full employment rate."