William Dudley, president and chief executive officer of the Federal Reserve Bank of New York, will give a talk titled “The National and Regional Economy” to students, faculty, and staff on October 7. The talk is a part of Dudley’s upcoming visit to Albany, and will include a discussion of the national and regional economies, opportunities for growth, as well as the bank’s recent research on higher education.
The program, co-hosted by the Lally School of Management and the School of Humanities, Arts, and Social Sciences Department of Economics, will take place from 3 to 4 p.m. on Tuesday, Oct. 7, in the Center for Biotechnology and Interdisciplinary Studies auditorium.
“We are pleased to have such a distinguished economist as William Dudley visit Rensselaer to lead a dialogue about the economy with our students, faculty, and staff,” said Thomas Begley, dean of the Lally School. “Visits by extraordinary leaders like William Dudley serve as an ideal way to connect our students with individuals who are working on the frontiers of business, entrepreneurship, and technology.”
Dudley’s visit to Rensselaer and communities in upstate New York is part of the New York Federal Reserve Bank’s continuing efforts to better assess the regional economy and understand issues and concerns affecting local communities.
“Bringing a prominent monetary policy maker of William Dudley’s stature to the Rensselaer campus will be an enriching and stimulating learning experience for students studying economics and management at the undergraduate and graduate levels,” said Shawn Kantor, professor and head of the Department of Economics.
In January 2009, Dudley became the 10th president and chief executive officer of the Federal Reserve Bank of New York. He also serves as the vice chairman and a permanent member of the Federal Open Market Committee (FOMC), the group responsible for formulating the nation’s monetary policy.
We are pleased to have such a distinguished economist as William Dudley visit Rensselaer to lead a dialogue about the economy with our students, faculty, and staff. Visits by extraordinary leaders like William Dudley serve as an ideal way to connect our students with individuals who are working on the frontiers of business, entrepreneurship, and technology.”–Thomas Begley
Previously, Dudley served as executive vice president of the Markets Group at the New York Fed, where he also managed the System Open Market Account for the FOMC. The Markets Group oversees domestic open market and foreign exchange trading operations and the provisions of account services to foreign central banks.
Prior to joining the bank in 2007, Dudley was a partner and managing director at Goldman, Sachs & Company and was the firm’s chief U.S. economist for a decade. Prior to joining Goldman Sachs in 1986, he was a vice president at the former Morgan Guaranty Trust Company. Dudley was an economist at the Federal Reserve Board from 1981 to 1983.
Dudley received his doctorate in economics from the University of California, Berkeley, in 1982 and a bachelor’s degree from New College of Florida in 1974.
In 2012, he was appointed chairman of the Committee on the Global Financial System of the Bank for International Settlements (BIS). Previously, Dudley served as chairman of the Committee on Payment and Settlement Systems of the BIS from 2009 to 2012. He is a member of the board of directors of the BIS and chairman of the Economic Club of New York.