As part of the Federal Reserve’s efforts to review the way it conducts monetary policy and to better understand how its policies impact people in local communities, the System has launched Fed Listens. This series of public events seeks to reach out to a broad range of community stakeholders including small business owners, nonprofit organization executives, and labor leaders for insights and feedback.
The Philadelphia Fed will host its Fed Listens event on Friday, May 17, starting with a community tour in Camden, NJ, focusing on the critical intersection of education, employment and labor market dynamics. Stakeholders will share some of the workforce development challenges in the postindustrial city of Camden and highlight solutions that are helping to connect low- and moderate-income (LMI) residents to quality jobs.
The program will include remarks from both Philadelphia Fed President Patrick T. Harker and Federal Reserve Board Vice Chair Richard H. Clarida, as well as discussions on the impact of monetary policy on economic growth and economic opportunity. Attendees will have the opportunity to reflect on how monetary policy affects business growth, job creation, household financial stability, job access, and economic mobility.
For more information on the Fed Listens events and Fed policy actions and communications, please visit the Board of Governors’ website.
Patrick T. Harker
President and CEO, Federal Reserve Bank of Philadelphia
Richard H. Clarida
Vice Chair, Board of Governors of the Federal Reserve System
Panel 1: Monetary Policy and Economic Growth
- Alex Costabile, Vice President of Strategy, Wawa
- Ali Houshmand, President, Rowan University
- Julia H. Klein, Chairwoman and CEO, C.H. Briggs Company
- André Kurmann, Associate Professor of Economics, Drexel University
Panel 2: Monetary Policy and Economic Opportunity
- Stuart Comstock-Gay, President and CEO, Delaware Community Foundation
- Jesse Ergott, President and CEO, NeighborWorks Northeastern Pennsylvania
- Stephanie Gambone, Executive Vice President, Philadelphia Youth Network
- Omar Woodard, Executive Director, GreenLight Fund Philadelphia
Moderators: Michael Dotsey, Executive Vice President and Director of Research, and Andrew Hill, Economic Education Officer, Federal Reserve Bank of Philadelphia
Closing Reflections and Remarks
Richard H. Clarida and Patrick T. Harker