Visit to UE by Federal Reserve Bank President
William Poole, president of the Federal Reserve Bank of St. Louis, was on the UE campus from 7:30 a.m. until 11:45 a.m. as a part of the International Speaker’s Series of the Institute for Global Enterprise in Indiana at UE. Poole attended a breakfast from 7:30-9 a.m. in the Bower-Suhrheinrich Room of the Union where about 50 area business leaders were in attendance. He spoke to an economics class at UE about fair trade issues and to a group of faculty members following the class. He also spoke at the Rotary Club of Evansville noon meeting this day. Poole’s visit was arranged by UE Board of Trustees member Marjorie Soyugenc.
Poole took office on March 23, 1998, as the 11th chief executive of the Eighth District Federal Reserve Bank in St. Louis. He holds an A.B. degree from Swarthmore College and an M.B.A. and Ph.D. in economics from the University of Chicago. Swarthmore honored him with an honorary Doctor of Laws degree in 1989.
Poole began his career at the Board of Governors of the Federal Reserve System in 1964 and worked as a senior economist there from 1969-74. At that time he joined Brown University and twice served as chairman of the Economics Department and for five years directed the University’s Center for the Study of Financial Markets and Institutions. He was the Herbert H. Goldberger Professor of Economics there when he joined the Federal Reserve Bank of St. Louis.
Poole wrote Money and the Economy: A Monetarist View in 1978, as well as numerous scholarly papers for professional journals. He was also co-author of Principles of Economics, published in 1991.