The Participants HAMAD AL-SAYARI MARTIN H. BARNES Governor Managing Editor, Saudi Arabian Monetary Agency The Bank Credit Analyst BCA Research SINAN AL-SHABIBI Governor CHARLES BEAN Central Bank of Iraq Executive Director and Chief Economist LEWIS ALEXANDER Bank of England Chief Economist Citigroup STEVE BECKNER Senior Correspondent ROGER C. ALTMAN Market News International Chairman Evercore Partners RICHARD BERNER Chief U.S. Economist EDMUND ANDREWS Morgan Stanley, Inc. Economics Correspondent The New York Times DAVID W. BERSON Vice President and JEANNINE AVERSA Chief Economist Economics Writer Fannie Mae Associated Press BRIAN BLACKSTONE ALAN D. BARKEMA Special Writer Senior Vice President Dow Jones News Service Federal Reserve Bank of Kansas City 501 502 The Participants ALAN BLINDER CHARLES EVANS Professor of Economics Senior Vice President and Princeton University Director of Research Federal Reserve Bank of Chicago ALAN BUDD Provost MARK FELSENTHAL Oxford University Correspondent Reuters MARCO BUTI Deputy Director General STANLEY FISCHER European Commission Governor Bank of Israel JAIME CARUANA Director, Monetary and RICHARD W. FISHER Capital Markets Department President and Chief Executive Officer International Monetary Fund Federal Reserve Bank of Dallas LU CÓRDOVA ARMINIO FRAGA Chief Executive Officer Chief Executive Officer Corlund Industries Gávea Investimentos JEAN-PHILIPPE COTIS JACOB A. FRENKEL Chief Economist Vice Chairman Organisation for Economic American International Group, Inc. Co-operation and Development TIMOTHY GEITHNER TROY DAVIG President and Chief Executive Officer Assistant Vice President Federal Reserve Bank of New York and Economist Federal Reserve Bank of Kansas City SVEIN GJEDREM Governor WILLIAM DUDLEY Norges Bank Executive Vice President Federal Reserve Bank of New York LYLE GRAMLEY Senior Economic Advisor ROBERT H. DUGGER Stanford Washington Managing Director Research Group Tudor Investment Corporation The Participants 503 EIRIKUR GUDNASON JOHN HURLEY Governor Governor Central Bank of Iceland Central Bank and Financial Services KRISHNA GUHA Authority of Ireland Chief U.S. Economics Correspondent Financial Times GREG IP Reporter ANGEL GURRÍA The Wall Street Journal Secretary-General Organisation for Economic NEIL IRWIN Co-operation and Development Staff Writer The Washington Post CRAIG S. HAKKIO Senior Vice President and JOHN P. JUDD Special Advisor on Executive Vice President and Economic Policy Director of Research Federal Reserve Bank of Kansas City Federal Reserve Bank of San Francisco DAVID D. HALE Chairman CHRISTOphER KENT Hale Advisers Head of Economic Research Reserve Bank of Australia ETHAN HARRIS Chief U.S. Economist SUE KIRCHHOFF Lehman Brothers, Inc. Reporter USA Today JAN HATZIUS Chief U.S. Economist MALCOLM KNIGHT Goldman, Sachs & Company General Manager Bank for International Settlements THOMAS M. HOENIG President and Chief ULRICH KOHLI Executive Officer Alternate Member of Federal Reserve Bank of Kansas City the Governing Board Swiss National Bank R. GLENN HUBBARD Dean and Russell L. Carson DONALD L. KOHN Professor of Finance Vice Chairman and Economics Board of Governors of the Columbia University Federal Reserve System 504 The Participants RANDALL KROSZNER LAWRENCE LINDSEY Governor President and Chief Board of Governors of the Executive Officer Federal Reserve System The Lindsey Group JEFFREY LACKER JOHN LIPSKY President and Chief First Deputy Managing Director Executive Officer International Monetary Fund Federal Reserve Bank of Richmond DENNIS LOCKHART JEAN-PIERRE LANDAU President and Chief Deputy Governor Executive Officer Bank of France Federal Reserve Bank of Atlanta SCOTT LANMAN BRIAN MADIGAN Reporter Director, Division of Bloomberg News Monetary Affairs Board of Governors of the EDWARD P. LAZEAR Federal Reserve System Chairman Council of Economic Advisers JOHN MAKIN Principal MICHAEL LEAHY Caxton Associates, Inc. Deputy Associate Director, Division of International Finance PHILIPPA MALMGREN Board of Governors of the Chairman Federal Reserve System Canonbury Group Limited MICKEY D. LEVY TITO MBOWENI Chief Economist Governor Bank of America South African Reserve Bank STEVEN LIESMAN PAUL MCCULLEY Senior Economics Reporter Managing Director CNBC PIMCO ERKKI LIIKANEN JOHN MCDERMOTT Governor Head of Economics Bank of Finland Reserve Bank of New Zealand The Participants 505 HENRIQUE DE CAMPOS KEVIN MUEHRING MEIRELLES Senior Managing Director Governor Medley Global Advisors Central Bank of Brazil JOHN MURRAY ALLAN MELTZER Adviser to the Governor Professor Bank of Canada Carnegie Mellon University MICHAEL MUSSA YVES MERSCH Senior Fellow Governor Peterson Institute for Central Bank of Luxembourg International Economics LORETTA MESTER SANG DUCK NAHM Senior Vice President and Auditor Director of Research Bank of Korea Federal Reserve Bank of Philadelphia TORBEN NIELSEN Governor LAURENCE H. MEYER Danmarks Nationalbank Vice Chairman Macroeconomic Advisers FRANK NOTHAFT Vice President and ZANNY MINTON-BEDDOES Chief Economist U.S. Economics Editor Freddie Mac The Economist TADASHI NUNAMI CALVIN A. MITCHELL III General Manager for the Americas Senior Vice President Bank of Japan Federal Reserve Bank of New York KEVIN NUNNINK RAKESH MOHAN Chairman Deputy Governor Integra Realty Resources Reserve Bank of India PETER ORSZAG MICHAEL H. MOSKOW Director President and Chief Congressional Budget Office Executive Officer Federal Reserve Bank of Chicago 506 The Participants SANDRA PIANALTO ERIC ROSENGREN President and Chief President and Chief Executive Officer Executive Officer Federal Reserve Bank of Cleveland Federal Reserve Bank of Boston CHARLES I. PLOSSER ROBERTO SALINAS-LEÓN President and Chief President Executive Officer Mexico Business Forum Federal Reserve Bank of Philadelphia GORDON H. SELLON, JR. Senior Vice President WILLIAM POOLE and Director of Research President and Chief Federal Reserve Bank of Kansas City Executive Officer Federal Reserve Bank of St. Louis ALLEN SINAI Chief Global Economist PETER PRAET and President Executive Director Decision Economics, Inc. National Bank of Belgium DAVID SKIDMORE DIANE M. RALEY Assistant to the Board Vice President and Public Board of Governors of the Information Officer Federal Reserve System Federal Reserve Bank of Kansas City SLAWOMIR SKRZYPEK ROBERT H. RASCHE President Senior Vice President National Bank of Poland and Director of Research Federal Reserve Bank of St. Louis MARK S. SNIDERMAN Senior Vice President and MARTIN REDRADO Director of Research President Federal Reserve Bank of Cleveland Central Bank of Argentina GENE SPERLING HARVEY ROSENBLUM Senior Fellow for Economic Studies Executive Vice President Council on Foreign Relations and Director of Research Federal Reserve Bank of Dallas LARS SVENSSON Deputy Governor Sveriges Riksbank The Participants 507 CARL TANNENBAUM KEVIN M. WARSH President, Governor National Association of Board of Governors of the Business Economists, and Federal Reserve System Chief Economist, LaSalle Bank AXEL WEBER President MUGUR TOLICI Deutsche Bundesbank Head of Governor’s Office National Bank of Romania JOHN WEINBERG Senior Vice President and UMAYYA TOUKAN Director of Research Governor Federal Reserve Bank of Richmond Central Bank of Jordan DAVID W. WILCOX JOSEph TRACY Deputy Director, Division of Executive Vice President Research and Statistics and Director of Research Board of Governors of the Federal Reserve Bank of New York Federal Reserve System GERTRUDE TUMPEL- JANET L. YELLEN GUGERELL President and Chief Member of the Executive Board Executive Officer European Central Bank Federal Reserve Bank of San Francisco STIJN VAN NIEUWERBURGH Assistant Professor of Finance DURMUş YILMAZ New York University Governor Central Bank of the LAURA VELDKAMP Republic of Turkey Assistant Professor of Economics New York University PETER ZOELLNER Executive Director IGNAZIO VISCO Austrian National Bank Deputy Director General Bank of Italy.