International Lectern Address - Richard Fisher

International Lectern Address - Richard Fisher

VIC
Nov 12

For registration information please contact Ricky Papara on 03 9652 8414.

 

Speakers

Richard W. Fisher, President and CEO, Federal Reserve Bank of Dallas  

 Public event
 12/11/2013
 Zinc @ Federation Square, Melbourne, VIC

 International affairs
 Dinner (6.00pm to 9.00pm)

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EVENT OVERVIEW

CEDA is delighted to welcome Federal Reserve Bank of Dallas President and CEO, Richard W. Fisher to present CEDA's International Lectern Address to discuss his views on the outlook for the US economy and his perspectives on US monetary policy. Given his strong connections to Australia, Richard will also look at the tie-ins between Australia and Texas, looking at the parallels between these two similarly-sized economies.
Responding to the economic challenges wrought by the global financial crisis and subsequent economic downturn has drawn the ideological battlelines in Central Banks around the world between proponents of Keynesian stimulus and Hayek's austerity.
Monetary policy in the world's largest economy, the United States, remains a delicate balancing act as the Fed announces the continuation of its bond buying program to the tune of $85 billion a month, and a downgrade of forecast economic growth.
The Fed's $2.8 trillion Quantitative Easing (QE) program has been the defining piece of monetary policy in the US recovery, credited with keeping interest rates low, stimulating markets and putting a floor under an otherwise weak housing market, yet has attracted criticism from those inside and outside its own circles.
 
One of these critics is the sSelf-proclaimed "hawk in the aviary of policymakers", Federal Reserve Bank of Dallas President and CEO, Richard WMr. Fisher who has opposed the bond-buying program.
 
CEDA is honoured to welcome Mr Fisher to present an International Lectern Address in what promises to be an interesting, entertaining, and sometimes blunt assessment of the world's largest economy and its impact on our own economic policies.
Host your colleagues, friends and family at this unique CEDA dinner for what is sure to be a lively and thought-provoking evening.

The US approach to monetary policy and economic growth

CEDA is delighted to welcome Federal Reserve Bank of Dallas President and CEO, Richard W. Fisher to present CEDA's International Lectern Address to discuss his views on the outlook for the US economy and his perspectives on US monetary policy. Given his strong connections to Australia, Richard will also look at the tie-ins between Australia and Texas, looking at the parallels between these two similarly-sized economies.

Responding to the economic challenges wrought by the global financial crisis and subsequent economic downturn has drawn the ideological battlelines in Central Banks around the world between proponents of Keynesian stimulus and Hayek's austerity.

Monetary policy in the world's largest economy, the United States, remains a delicate balancing act as the Fed announces the continuation of its bond buying program to the tune of $85 billion a month, and a downgrade of forecast economic growth.

The Fed's $2.8 trillion Quantitative Easing (QE) program has been the defining piece of monetary policy in the US recovery, credited with keeping interest rates low, stimulating markets and putting a floor under an otherwise weak housing market, yet has attracted criticism from those inside and outside its own circles.

One of these critics is Mr Fisher, the self-proclaimed "hawk in the aviary of policymakers" who has opposed the bond-buying program.

CEDA is honoured to welcome Mr Fisher to present an International Lectern Address in what promises to be an interesting, entertaining, and sometimes blunt assessment of the world's largest economy and its impact on our own economic policies.

Host your colleagues, friends and family at this unique CEDA dinner for what is sure to be a lively and thought-provoking evening.

MEET THE SPEAKER

Richard W. Fisher is President and CEO of the Federal Reserve Bank of Dallas and serves as a member of the Federal Open Market Committee, the Federal Reserve's principal monetary policymaking group.

Prior to taking up this role, Mr Fisher held a range of positions in both private and public enterprise, including Brown Brothers Harriman and Co; aAssistant to the Treasury Ssecretary in the Carter Administration; and as an Ambassador overseeing the implementation of NAFTA and various agreements with Vietnam, Korea, Japan, Chile and Singapore.

Mr Fisher has been an outspoken opponent to the Federal Reserve's stimulus policies.

"Mr Fisher has not only positioned himself as a Fed dissenter, criticizing the prevailing 'quantitative easing' policy of buying bonds, he also has a penchant for colorful, descriptive language, which tends to depart from the straight-laced approach of Mr Bernanke and the obscure, cryptic utterings of his predecessor, Alan Greenspan."

The Wall Street Journal, August 2013

 

SUPPORTED BY CEDA MEMBER

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Registration fees (incl GST)

 

CEDA members and guests

$240 per person
$1824 table x 8
$2280 table x 10

Non members

$350 per person


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