Elizabeth A Duke: Women and money – challenging the myths Speech by Ms Elizabeth A Duke, Member of the Board of Governors of the Federal Reserve System, at the Consumer Credit Counseling Services of Delaware Valley Financially Hers Program, Philadelphia, Pennsylvania, 1 May 2010.
In short, the trading and innovation that we see in financial markets eventually flows through to reduced costs for the users of financial services. This has meant that the amount spent by households and businesses on financial services has grown much less than financial activity.