Cato Institute Monetary Conference: Federal Reserve Policy in the Face of Crises

November 15, 2006

Media Contact: (202) 789-5200

WASHINGTON – Randall Kroszner, of the Federal Reserve Board of Governors, will deliver the keynote address, “The International Bond Market.” William Poole of the Federal Reserve Bank of St. Louis, Anna J. Schwartz of the National Bureau of Economic Research and Robert J. Barro of Harvard University lead the list of prominent intellectuals and policymakers speaking at the Cato Institute’s 24th Annual Monetary Conference: Federal Reserve Policy in the Face of Crises.

The conference will analyze the Fed’s role in economic policymaking. With unfunded liabilities in Social Security and Medicare and the dollar’s decline as a reserve currency, the Fed will have to take certain measures to prevent significant economic turmoil.

This year’s conference will address the following issues:

  • How should the Fed respond to growing global imbalances and a falling dollar?
  • Did the Greenspan Fed err by providing too much liquidity in the face of crises?
  • Is the global financial system a source of strength or weakness?
  • How will the “fiscal gap” affect the future of monetary policy?
  • Should the Fed adopt inflation targeting? 

You may register for the conference online. Please direct all non-registration questions to the Cato media relations department at 202-789-5200 or pr [at] cato [dot] org.

The event is free to working members of the media. Pre-registration is encouraged and can be completed online or by emailing events [at] cato [dot] org.  If unable to attend, you may watch or listen to the conference live on November 16th. Transcripts of the proceedings will be posted at approximately 12:30 and 4:15 p.m. EST. An archived broadcast of the conference will be available here 1-2 days after the event. Please direct all non-registration questions to the Cato media relations department at 202-789-5200 or pr [at] cato [dot] org.