FAU College of Business Hosts National Monetary Conference

Florida Atlantic University's College of Business recently hosted a conference examining federal monetary policy. The conference, "Fed Policy Under Pressure," was held in partnership with the American Institute for Economic Research (AIER) and members of the Shadow Open Market Committee.

Florida Atlantic University's College of Business recently hosted a conference examining federal monetary policy.

The conference, "Fed Policy Under Pressure," was held in partnership with the American Institute for Economic Research (AIER) and members of the Shadow Open Market Committee.

The day-long conference featured opening remarks from Tyler Goodspeed, Ph.D., chief economist at ExxonMobil and past chair of the U.S. Council of Economic Advisors, and a keynote address from Philip Jefferson, vice chair of the Federal Reserve Board of Governors, who discussed "cautious optimism" for the economy and monetary policy implementation.

The conference drew attendees from universities across the nation, including the University of Miami, Rutgers University, and the University of Mississippi. It also featured engaging audience discussions on various economic topics including Federal Reserve independence and sound monetary policy with prominent figures such as Michael Faulkender, former deputy U.S. Treasury secretary; David Tuthill, head of Florida for Point72; Fabiola Brumley, president of Bank of America Palm Beach County; and Leon Cooperman, chairman and CEO of Omega Advisors.

Other speakers included:

• Michael D. Bordo, Ph.D., Board of Governors Professor of Economics and Distinguished Professor Emeritus, Rutgers University; Shadow Open Market committee member
• Bryan Cutsinger, Ph.D., professor of economics at FAU
• Peter Ireland, Ph.D., professor of economics, Boston College; Shadow Open Market committee member
• William J. Luther, associate professor of economics, FAU; director, Sound Money Project at the American Institute for Economic Research
• Andrew Levin, professor of economics, Dartmouth College; Shadow Open Market committee member
• Mickey Levy, past chief economist for Bank of America; Shadow Open Market committee member

"It was an honor to host such a prominent conference alongside AIER to discuss monetary policy at a crucial time in our economy," said Daniel Gropper, Ph.D., dean of FAU's College of Business and Kaye Family Professor. "Both of these conferences shared timely insights with leading economists on the state of our monetary policy and economic outlooks."

-FAU-