The future of the Fed

Panel will discuss what potential changes at the Federal Reserve Bank could mean for business

Anjan Thakor, PhD, associate dean and the John E. Simon Professor of Finance; Stephen Williamson, PhD, the Robert S. Brookings Distinguished Professor in Arts & Sciences; and Julie Stackhouse, senior vice president at the Federal Reserve Bank of St. Louis, will discuss “The Future of The Fed” during an Olin Business Issues Forum at 3 p.m. Tuesday, April 19, in Simon Hall, Room 112.

The event, which is free and open to the public, will be moderated by Radhakrishnan Gopalan, PhD, assistant professor of finance at Olin Business School.

The panel will address how much power the Fed should have, what potential Fed changes might mean for business and how Congress might try to change the role of the Fed.

Thakor is a renowned expert on banking and finance. He was ranked the fourth most prolific author of the past 50 years by Jean Heck and Phillip Cooley in their article “Most Prolific Authors in the Finance Literature: 1959-2008.”

Prior to joining Olin Business School, Thakor was the Edward J. Frey Professor of Banking and Finance at the Ross School of Business, University of Michigan, where he also served as chairman of the finance area.

Williamson holds visiting positions at the Richmond Federal Reserve Bank and the St. Louis Federal Reserve Bank. His current research addresses the role of money, credit and banking in the macro economy and the effects of monetary policy.

He teaches graduate monetary economics, graduate macroeconomics and undergraduate intermediate macroeconomics.

Prior to joining the St. Louis Fed in September 2002, Stackhouse was vice president and managing officer of the risk management department of the Federal Reserve Bank of Minneapolis. She also served as the Minneapolis Fed’s community affairs officer.

In addition, she was an officer with the Federal Reserve Bank of Kansas City prior to relocating to Minnesota in 1995. She served in many capacities in the Kansas City banking supervision and risk management areas, starting as an examiner in 1980.

For more information, call (314) 935-4670.