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July 9, 2003

Media Contact: Barry Jagoda, (858) 534-8567

FEDERAL RESERVE GOVERNOR TO SPEAK AT UCSD, JULY 23

Ben S. Bernanke, one of the seven members of the Board of Governors of the Federal Reserve System, the central bank of the United States, will address a breakfast meeting of the UCSD Economics Roundtable beginning at 7:30 a.m., Wednesday, July 23 at the Faculty Club on the University of California, San Diego campus. The event is open to news coverage.

Along with Chairman Alan Greenspan and five other colleagues, Bernanke determines overall monetary policy for the American economy. The Board of Governors also oversees the U.S. banks and has responsibility for maintaining the stability of the U.S. economy. Bernanke’s research has focused on monetary policy, the role of financial markets in economic fluctuations and the economics of the great Depression.

Bernanke received his B. A. in economics from Harvard University and a Ph.D. in economics in 1979 from MIT. He is particularly interested in business cycles and macroeconomic policy. The co-author of “Inflation Targeting: Lessons from the International Experience,” Professor Bernanke is also an editor of the American Economic Review.

Before becoming a member of the Federal Reserve Board of Governors, Bernanke was a professor of economics and public affairs and the chair of the economics department at Princeton University.

The UCSD Economics Roundtable, www.econ.ucsd.edu/roundtable, is sponsored by the UCSD Department of Economics in coordination with UCSD Extended Studies and Public Programs. To make reservations for the July 23 roundtable breakfast, which costs $50 per person, contact Edie Munk at (858) 822-0510. Members of the news media are invited to attend free of charge but must make reservations in advance.