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UT Hosts Second Knoxville Economics Forum


The Great Recession may be gone, but it is not forgotten. Economists say it will take years for the U.S. and Tennessee economies to recover. In the meantime, policymakers have begun to identify causes of the crisis and lessons for the future. 

Dennis LockhartA local organization dedicated to an ongoing public discussion of such business and economic issues as they relate to East Tennessee recently held its second meeting. The Knoxville Economics Forum, organized by the Department of Economics at the University of Tennessee, Knoxville, met on April 8 at Club LeConte in downtown Knoxville.

Dennis Lockhart, president and chief executive officer of the Federal Reserve Bank of Atlanta, was the forum's honored guest speaker. Lockhart has held various positions in the banking and financial industries -- both domestic and international -- and also has served on the faculty of Georgetown and Johns Hopkins Universities.

"This is a very timely event as we see the East Tennessee economy finally showing signs of economic growth. Mr. Lockhart's visit has allowed business and community leaders to learn more about Federal Reserve policymaking over the course of the Great Recession and the national economic outlook," said Matt Murray, Ball Corporation Professor of Business and associate director of UT’s Center for Business and Economic Research in the College of Business Administration.

To read several articles about the forum, please visit:

Bloomberg:
http://www.bloomberg.com/news/2011-04-08/lockhart-says-fed-should-take-time-in-removing-stimulus-as-recovery-modest.html

Reuters:
http://www.reuters.com/article/2011/04/08/us-usa-fed-idUSTRE7374ON20110408

Dow Jones:
http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=201104081051dowjonesdjonline000433&title=lockhartfed-fundsinterest-on-reserves-would-rise-in-tightening

Knox News Sentinel:

http://www.knoxnews.com/news/2011/apr/08/feds-lockhart-downplays-impact-commodity-price-inc/

The Knoxville Economics Forum is a local, nonprofit organization founded in 2010. Its mission is to foster open and honest discussion of the most important economic issues in East Tennessee by inviting leaders in business, politics and economics to share their views. The forum held its first meeting in October 2010, welcoming Kelly King, chairman and CEO of Winston-Salem, based BB&T, to the podium. For more information, please visit http://www.knoxvilleeconomicsforum.org.

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