The Federal Reserve Board is expected to make a decision today about whether or not to raise interest rates. Two Cornell University experts are available to discuss what a rate hike will mean for consumers, investors and businesses.
Robert Hockett, the Edward Cornell Professor of Law at the Cornell University Law School, is a Fellow of the Century Foundation, and does regular consulting work for the Federal Reserve Bank of New York and the International Monetary Fund. His principal teaching, research, and writing interests lie in the fields of organizational, financial, and monetary law and economics in both their positive and normative, as well as their national and transnational, dimensions. Prior to doing his doctoral work and entering academe, he worked for the International Monetary Fund and clerked for the Honorable Deanell Reece Tacha, Chief Judge of the U.S. Court of Appeals for the Tenth Circuit.
Bio: http://www.lawschool.cornell.edu/faculty/bio_robert_hockett.cfm
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Andrew Karolyi, a professor of asset management and professor of finance at the Samuel Curtis Johnson Gradutate School of Management at Cornell, is internationally renowned for his work in investment management, with a specialization in international financial markets. Karolyi currently serves as executive editor of the Review of Financial Studies, one of the top-tier journals in finance. He is and has also served as an associate editor for a variety of journals, including the Journal of Finance, Journal of Financial Economics, Journal of Empirical Finance, Journal of Banking and Finance, Review of Finance and the Pacific Basin Finance Journal.
Bio: https://www.johnson.cornell.edu/Faculty-And-Research/Profile/id/gak56
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