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Michael H. Moskow, president and CEO of the Federal Reserve Bank of Chicago and a member of Lafayette’s Board of Trustees and Class of 1959, will speak on “The Economic Outlook and Globalization” 3 p.m. Friday, April 5, in the auditorium of Lafayette’s William E. Simon Center for Economics and Business Administration.
Free and open to the public, the talk is sponsored by the economics and business department.
Moskow took office Sept. 1, 1994, as the eighth president and chief executive officer of the Federal Reserve Bank of Chicago. In that capacity, he serves on the Federal Open Market Committee, the Federal Reserve System’s most important monetary policy-making body.
At the Chicago Fed he has hosted a number of Lafayette students serving externships during January’s interim session between regular semesters.
Moskow’s career includes service in the public and private sectors, as well as academia. During the course of his career, he has been confirmed by the United States Senate for five government positions.
He began his career teaching economics, labor relations, and management at Temple University, Lafayette, and Drexel University. From 1969 to 1977, Moskow held a number of senior positions with the U.S. government, including undersecretary of labor at the U.S. Department of Labor, director of the Council on Wage and Price Stability, assistant secretary for policy development and research at the U.S. Department of Housing and Urban Development, and senior staff economist with the Council of Economic Advisors.
In 1977, Moskow moved to the private sector by joining Esmark, Inc., in Chicago and later held senior management positions at Northwest Industries, Dart, and Kraft, Inc., and Premark International, Inc., a spin-off from Dart and Kraft. In 1991, President Bush appointed Moskow deputy United States trade representative, with the rank of ambassador. He was responsible for trade negotiations with Japan, China, and Southeast Asian countries as well as trade policy related to industries such as steel, semiconductors, aircraft, and telecommunications. Moskow returned to academia in 1993, joining the faculty of the J.L. Kellogg Graduate School of Management at Northwestern University, where he was professor of strategy and international management at the time of his appointment as president of the Chicago Fed.
Moskow is active in numerous professional and civic organizations. He chairs Global Chicago and serves as a director of the National Bureau of Economic Research, the Council on Foreign Relations in New York City, the Chicago Council on Foreign Relations, the Chicagoland Chamber of Commerce, World Business Chicago, and the Economic Club of Chicago. He is a member of the Civic Committee of The Commercial Club of Chicago, a fellow of the National Academy of Public Administration, and a member of the Governing Board of the Illinois Council on Economic Education.
Moskow is a member of the Advisory Board to the J.L. Kellogg Graduate School of Management at Northwestern University as well as a member of the Visiting Committee of the Irving B. Harris Graduate School of Public Policy Studies at the University of Chicago.
In 2000 Moskow received Lafayette’s George Washington Kidd, Class of 1836 Award, presented to alumni who have distinguished themselves in their careers.
Moskow was born in Paterson, N.J. He received a bachelor’s degree in economics from Lafayette and a Ph.D. in business and applied economics from the University of Pennsylvania in 1965.