Newswise — Tim Yeager, finance professor in the Sam M. Walton College of Business at the University of Arkansas and former analyst at the Federal Reserve Bank of St. Louis, is available to comment on the Fed's decision Monday to cut interest rates by three-quarters of a point.
Before joining the Walton College in January 2006, Yeager was an assistant vice president over the Supervisory Policy Analysis unit of the Federal Reserve Bank of St. Louis. The unit conducted bank surveillance activities, regional economic and banking analysis, capital markets examiner training and banking research.
Yeager conducted the first empirical study of the effect of the Gramm-Leach-Bliley Act on the financial services industry and has developed a system that allows banks to perform stress tests on their commercial real-estate portfolios. The latter was completed in response to federal banking regulators' concern about community banks' increased participation in commercial real-estate lending.
Yeager's research has been published in the Journal of Financial Services Review, the Journal of Banking and Finance, and the Journal of Economics and Business. He received his doctorate in economics in 1993 from Washington University. He serves as the Arkansas Bankers Association Chair.
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