Michael Moskow, the President of the Federal Reserve Bank of Chicago, came to the Champaign-Urbana area on April 10th to meet leaders in the business community and to visit with faculty and students in the College of Business. A former educator himself, he discussed in several meetings with faculty and staff the issues facing the local, national, and international economies, demographic trends facing us as a society, the importance of economic research and education, and general economic, educational, and societal issues affecting the five-state region of the Chicago District of the Federal Reserve Bank.
Earlier in the day, he met with bankers and business leaders at a breakfast jointly hosted by Ed Sharleau of First Busey Corporation, B. Joseph White, president of the University of Illinois, and Richard Herman, chancellor of the Urbana campus.
“From prominent business leaders in our community, key University administrators including Chancellor Herman and President White, faculty in both the business and law schools as well as our students, I heard a resounding appreciation for Dr. Moskow’s visit,” said David Ikenberry, interim associate dean and chair of the finance department. “It’s reassuring to listen to such a learned and experienced leader who directs policy as it affects our economy and society. We all appreciate the time and energy he shared with us in learning about our University and our community.”
Moskow, who has served as president and chief executive officer of the Federal Reserve Bank of Chicago since 1994, will be retiring this August. He currently serves as a voting member of the Federal Open Market Committee, bringing his District’s perspective to this most important policy and regulatory body of our nation’s Federal Reserve system. The Chicago District includes the state of Iowa, 68 counties of northern Indiana, 50 counties of northern Illinois, 68 counties of southern Michigan, and 46 counties of southern Wisconsin
“Dr. Moskow’s visit provided our students and faculty a wonderful opportunity to learn about the trends affecting the economy and the issues facing the financial services industry,” said Avijit Ghosh, dean of the College of Business. “As the president of the federal Reserve Bank of Chicago, Dr. Moskow is in a unique position to educate on these issues.”