News Detail

Media Advisory: Economist Available for Fed Comment

Release Date: Sep 21, 2007

MEDIA ADVISORY

LEADING CARNEGIE MELLON ECONOMIST AVAILABLE FOR COMMENT ON RATE CUT BY FEDERAL RESERVE

WHO: Marvin Goodfriend, professor of economics at the Tepper School of Business at Carnegie Mellon, and former senior vice president, policy advisor and research director at the Federal Reserve Bank of Richmond.

WHAT: Comments/perspective on Tuesday’s rate cut by the U.S. Federal Reserve and resulting global market reaction.

WHY: Professor Goodfriend is a leading authority on monetary policy and central banking, and serves as chairman of the Galliott Center for Public Policy at the Tepper School.  In addition to service to the Richmond Fed, he served as Senior Staff Economist for President Ronald Reagan’s Council of Economic Advisors, and visiting professor of business economics at the University of Chicago Graduate School of Business. He also has been a visiting scholar at the Board of Governors of the Federal Reserve System, European Central Bank, Federal Reserve Banks of Atlanta and New York, Institute for International Economic Studies at the University of Stockholm, International Monetary Fund and the Swiss National Bank. Recent research includes investigations into how the world’s central banks achieve consensus on monetary policy, the importance of that consensus and its fragility.

AVAILABILITY:  Anytime, via phone or on-camera/live interview

CONTACT:   Geof Becker or Scott Addison
 (412) 268-3486 / (212) 220-4444
gbecker@andrew.cmu.edu / scott.addison@gabbe.com