Federal Reserve symposium to spotlight central bank

February 16, 2009
Kathy Miller, 661/654-2456, kmiller26@csub.edu or
Michele Newel, 661/654-2720, mnewell1@csub.edu

Have you ever wondered what it is like to be chairman of the Federal Reserve System? Learn more about the Federal Reserve and how our nation's central bank influences the U.S. economic and business climate at a symposium on Thursday, March 5 at 6 p.m. in California State University, Bakersfield's Student Union multipurpose room.

The symposium is presented by the Federal Reserve Bank of San Francisco and will feature presentations by Fed representatives emphasizing the purpose and function of the Federal Reserve and the conduct of monetary policy.

Highlights will include a presentation by a Fed economist regarding the current economic outlook. In addition, students will participate in a real-time Federal Open Market Committee (FOMC) simulation where they will assume the role of FOMC members. During the exercise students will simulate voting on monetary policy and the target federal funds interest rate. Members of the audience will have an opportunity during the program to address questions to the Fed representatives.

The event is free and parking is free in parking lot K. To learn more about Federal Reserve education programs, log onto www.frbsf.org/education/teachers/symposium. For more information about the program at CSUB, contact Angela Mora at (661) 654-2181 or Mark Evans (661) 654-2157.