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Atlanta Federal Reserve President to Deliver IPR Distinguished Lecture at Northwestern

Raphael Bostic to discuss the “battle against inflation” on Oct. 5

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President Bostic’s work as an economist, a scholar and now a policymaker is inspiring, and it is a great honor to welcome him as IPR’s Fall 2022 Distinguished Public Policy Lecturer.”

Diane Whitmore Schanzenbach
IPR director and economist

Raphael Bostic headshot

Raphael Bostic, president and chief executive officer of the Federal Reserve Bank of Atlanta, will deliver the 2022 Fall Distinguished Public Policy Lecture at Northwestern University’s Institute for Policy Research (IPR) on Wednesday, Oct. 5, 2022, at 3 p.m. CDT.

The lecture is cosponsored with the Public Action and the Social Compact (PACT) program in the Kellogg School of Management.

“President Bostic’s work as an economist, a scholar and now a policymaker is inspiring, and it is a great honor to welcome him as IPR’s Fall 2022 Distinguished Public Policy Lecturer,” said IPR director and economist Diane Whitmore Schanzenbach, the Margaret Walker Alexander Professor of Human Development and Social Policy.

Bostic will lecture on “Staying Resolute in the Battle Against Inflation,” in which he will discuss the central bank’s ongoing efforts to bring down elevated inflation that continues to inflict pain on American families. Even though macroeconomic circumstances evolve, monetary policy still works with a lag. So, it will likely take time, perhaps many months, for higher interest rates to meaningfully affect inflation. In that light, Bostic will detail his views on how Fed policymakers might look to history as a guide in remaining resolute and purposeful in seeking price stability.


The virtual-only lecture is open to the public and free of charge. Registration is required to attend. A brief audience Q&A will follow the lecture, and a recording of the lecture will be made available following the event.

For media interested in attending or media queries for Raphael Bostic, please email Karen Mracek at media@atl.frb.org or call 470-249-8348.


As the 15th president and CEO of the Federal Reserve Bank of Atlanta, Bostic is responsible for all the bank’s activities, including monetary policy, bank supervision and regulation, and payment services. Additionally, he serves on the Federal Reserve's chief monetary policy body, the Federal Open Market Committee. The bank serves the Sixth Federal Reserve District, which covers Alabama, Florida, and Georgia, and parts of Louisiana, Mississippi, and Tennessee; it has branches in Birmingham, Jacksonville, Miami, Nashville, and New Orleans.

Bostic received his Ph.D. in economics from Stanford University in 1995. Prior to joining the Atlanta Federal Reserve in June 2017, he held the Judith and John Bedrosian Chair in Governance and the Public Enterprise and directed the Bedrosian Center on Governance in the University of Southern California’s Sol Price School of Public Policy. He also previously served as assistant secretary for policy development and research in the Department of Housing and Urban Development and as a senior economist for the Federal Reserve Board of Governors.

IPR Distinguished Public Policy Lectures are given by prominent individuals who straddle the worlds of policymaking and academia and can speak to the use of research in policymaking and other issues. Past lecturers have included Arthur Brooks, Robert Reich, Cecilia Rouse, and Donna Shalala. IPR and Northwestern will also welcome Harvard economist Raj Chetty on Feb. 20, 2023, as its next distinguished lecturer.

The Institute for Policy Research (IPR) at Northwestern is one of the country’s oldest and most prominent interdisciplinary social science research institutes. The institute’s more than 150 award-winning faculty are among the top experts in their fields. Using rigorous methods, they conduct innovative, policy-relevant research, tackling some of the nation’s most pressing social issues—from education and inequality to social safety nets and gun violence. IPR faculty experts train policy-minded scholars and doers, and they share their research widely with policymakers, foundations, nonprofits and the media to support sound policy decisions. To learn more about IPR, its faculty experts and their research, please visit our website.

For more information about the event, please email ipr@northwestern.edu or call 847-491-3395.

Photo credit: Federal Reserve Bank of Atlanta/Edward M. Pio Roda

Published: September 7, 2022.