Students Receive Economics Insight From The Fed

HIGH POINT, N.C., Sept. 27, 2011 – Economics students in the Phillips School of Business at High Point University recently had the opportunity to attend an enlightening program in Charlotte – “An Afternoon @ the Fed.” The program, presented by the Federal Reserve Bank of Richmond, offered information about the Federal Reserve System, monetary policy and the state of the economy.

The 12 students, accompanied by Dr. Jerry Fox, associate professor of economics, heard from Federal Reserve economists and policy makers, economics writers and other experts. They discussed economic conditions, the prolonged labor market weakness and prospects for recovery, as well as the Fed’s views on the housing finance policy, price stability and monetary policy.

“With the unexpected economic instability this past quarter, this seminar came at a perfect time to hear what consumer actions, monetary policies, and other factors can create, and possibly save us, in these times,” says Kaylyn Peck, a junior majoring in business administration.

The format consisted of seminars, panel discussions and networking opportunities, and provided a rare opportunity to meet face-to-face with Fed members.

“The Federal Reserve conference was an incredible experience,” says Kenny Fobian, a freshman majoring in entrepreneurship. “It was extremely beneficial to hear, debate, and discover how the top economists view issues within the economy.”

At High Point University, every student receives an extraordinary education in an inspiring environment with caring people.℠ HPU, located in the Piedmont Triad region of North Carolina, is a liberal arts institution with over 4,200 undergraduate and graduate students from 51 countries and 46 states at campuses in High Point and Winston-Salem. It is ranked by US News and World Report at No. 3 among Regional Colleges in the South. ranks HPU in the top 7 percent among “America’s Best Colleges.” Parade Magazine lists HPU in the top 25 private schools in the nation. HPU was selected in the 2010-2011 list of “Colleges of Distinction,” as well as one of the top green schools in the country by the Sierra Club. The university offers 50 undergraduate majors, 43 undergraduate minors and 10 graduate degree programs. It is accredited by the Commission of Colleges of the Southern Association of Colleges and Schools, and is a member of the NCAA, Division I and the Big South Conference. Visit High Point University on the Web at

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Pam Haynes

Communication Specialist


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