Open access to foreign financial markets is essential to maintaining a viable financial services industry in New York City, said a senior economist at the Federal Reserve Bank of New York.

"The best prospects for growth are in Asia and in Latin America," said Rae D. Rosen, senior economist at the New York Fed.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.