Following is the text of remarks made by Ben S. Bernanke, Chairman, Board of Governors of the Federal Reserve System at the Federal Reserve Bank of Kansas City Economic Symposium in Jackson Hole, Wyoming.
William English took up fencing as a sophomore at Yale University in 1980, practicing a sport that has been likened to “physical chess” for its strategy and precision.
The Federal Reserve Board said David Stockton , its head of U.S. economic research and forecasting since 2000, is retiring Sept. 30 after three decades at the central bank.
The Federal Reserve Board appointed David Wilcox as the director of U.S. economic research, replacing David Stockton, who plans to retire on Sept. 30.
The Federal Reserve said that Steven B. Kamin will officially become the director of the central bank’s chief international economic advisory division.
Brian Madigan , the Federal Reserve’s former top staff adviser on interest-rate policy, was hired by Barclays Capital to provide counsel on economic research and regulation.
"These are economic issues that academics are going to be thinking about for generations."
- William English on Jun 10, 2010