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Dallas Fed President Richard Fisher and Stanford University Professor John Taylor to Discuss Impact of Uncertainty on U.S. Economic Recovery

For immediate release: September 19, 2013

DALLAS—Federal Reserve Bank of Dallas president and CEO Richard W. Fisher and renowned Stanford University professor John B. Taylor will participate in an upcoming luncheon discussion about the role uncertainty has played in the slow recovery from the Great Recession.

“The Causes and Macroeconomic Consequences of Uncertainty” will be 11:30 a.m. to 1:30 p.m. Oct. 3 at the Dallas Fed, 2200 N. Pearl St., and is sponsored by the Dallas Fed and Richard B. Johnson Center for Economic Studies at Southern Methodist University.

Attendees can register online.

Fisher and Taylor also will discuss the policies needed to overcome uncertainty and achieve economic prosperity.

Stanford professor of economics Nicholas Bloom, whose research focuses on the causes and consequences of economic uncertainty, will moderate the “open microphone” conversation.

Fisher has often argued that fiscal and regulatory uncertainty are dampening job creation and restraining U.S. economic growth.

“Ask any businessman or woman what holds him or her back and they will tell you it’s not monetary policy; it is that they can’t operate in a fog of total uncertainty concerning how they will be taxed or how government spending will impact them or their customers directly,” Fisher said in an August speech.

Additional information about the luncheon can be found on the Dallas Fed’s website.

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Media contact:
Alexander Johnson
Phone: (214) 922-5288
Email: alexander.johnson@dal.frb.org

 

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