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Fed official Mishkin visits W&L A governor with the Federal Reserve was scheduled to speak at Washington and Lee Thursday as several officials with the Fed addressed audiences across the country. Frederic S. Mishkin is a monetary policy expert whose research focuses on the impact of policy on the economy and financial markets. His speech was scheduled to begin at 7:30 in the Stackhouse Theater in the University Commons. The spate of speeches from Fed members came just as a Commerce Department reading on the economy confirmed a slowdown in the final quarter last year. Dennis Lockhart, president of the Atlanta Federal Reserve Bank, addressed the Rotary Club at the Chattanooga Convention Center earlier in the day. The Birmingham Business Journal reported that Lockhart told the Rotary Club that the national economy faces challenges of weakening growth, inflation and volatile financial markets. Lockhard expected recovery in growth in the second half of the year, but that might be delayed, he said. Sandra Pianalto, president of the Federal Reserve Bank of Cleveland, was scheduled to speak at a student investment conference in Dayton, Ohio. |
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