Friday, November 9, 2007

News Sources: Bernanke's Bad News

Ben S. Bernanke, chairman of the Federal Reserve, told Congress on Thursday that the economy was going to get worse before it got better. On a day when stock prices swung wildly, the dollar hit another new low against the euro and further signs emerged from retailers that consumers are growing more cautious about spending, Mr. Bernanke warned that the economy was about to “slow noticeably” as the housing market continues to spiral downward and financial institutions tighten up on lending. Reporters looking for experts to interview on this topic can find them online at the collegenews.org database of news sources and subject matter experts from America's leading liberal arts colleges, including the following (click on names for contact information):

Frank C. Wykoff - Elden Smith Professor of Economics, Pomona College - Wykoff is the author of Understanding Economics Today and Macroeconomics: Theory, Evidence and Policy, and the Editor of Economic Inquiry, the Journal of the Western Economic Association. He is Economic adviser to the Foundation of American Communications FACS and consultant to the U.S. General Accounting Office's Program Analysis Division, the U.S. Labor Department, and the U.S. Treasury Department.

Linda Bell - Associate Professor of Economics, Haverford College - Bell was a senior economist at the Federal Reserve Bank 1985 to 1990. A former consultant to the World Bank and the U.S. Department of Labor, her current research focuses on employment growth and unemployment, inflation and trade unions, wage behavior, productivity.

Ann Owen - Associate Professor of Economics, Hamilton College - Owen served as an economist for the Federal Reserve Board of Governors before joining Hamilton College. She is a frequent media commentator on issues related to Federal Reserve decisions, Social Security, and various economic indices for outlets including MarketWatch, Associated Press, The New York Times, UPI, Atlanta Journal Constitution and the Baltimore Sun. She also serves as director of the Arthur Levitt Public Affairs Center at Hamilton College and is a board member for the Committee on the Status of Women in the Economics Profession.

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