President of the New York Fed to speak at SUNY New Paltz

NEW PALTZ – The State University of New York at New Paltz is pleased to be welcoming the President of the Federal Reserve Bank of New York, William Dudley, to speak on its campus on May 19.

President Dudley’s speech, entitled “The US Economic Outlook — Where Are We Headed,” is expected to provide an assessment of the current state and future path of the national and regional economy.

The presentation will be in the Student Union Multi-Purpose Room. It will be followed by a Q&A session. The fee for admission and breakfast is $15 per person. Registration will begin at 8:00 a.m. A continental breakfast will be served between 8:00 and 8:30 a.m.

William Dudley became the 10th President of the Federal Reserve Bank of New York in 2009. In that capacity he serves as the vice chairman and permanent member of the Federal Open Market Committee (FOMC), the group responsible for formulating the nation’s monetary policy.

President Dudley received his doctorate in economics from the University of California, Berkeley in 1982. His bachelor’s degree (1974) is from New College of Florida.

The Federal Reserve Bank of New York works within the Federal Reserve System and with other public and private sector institutions to assure the soundness of America’s financial systems. Its work is of major consequence not only for the national economy but for the world economy as well.

For more information and to register for the event, contact the Office of Regional Education at 845-257-2894 or by visiting www.newpaltz.edu/crreo/events.html

This event is sponsored by the SUNY New Paltz Center for Research Regional Education and Outreach (CRREO) in collaboration with, the Department of Economics, School of Business, and Hudson Valley Pattern for Progress and the Federal Reserve Board.

CRREO conducts and publicizes research on regional topics; creates/oversees select institutes that focus on specific topics of regional interest; advises local governments, non-profits and for-profit organizations on reforms and enhancements to best serve their constituents; works to foster community collaboration.

One key aspect of CRREO’s mission is to bring key regional concerns to the attention of citizens and policymakers to support their informed discussion of the public policy problems facing the Hudson Valley. Quality information will help us to work together to develop our own, local solutions and advance the need for changes at the state level.