Press Release
New York Fed President Dudley Visits Upstate New York to Gather Insights from the Region; Provide Update on the Regional Economy and Status of the Recovery
October 25, 2010
NEW YORK – Today, Federal Reserve Bank of New York President William C. Dudley began a three-day visit to four cities in upstate New York—Ithaca, Syracuse, Rochester and Buffalo—as part of the New York Fed’s efforts to gather useful insights on the regional economy and to strengthen ties more broadly with the Federal Reserve’s Second District.

While in the region, President Dudley is expected to meet with local community and business leaders to hear about the most pressing issues facing the local economy from their perspective; visit with members of the academic communities at Cornell University and Syracuse University; and deliver public remarks on regional economic conditions at Cornell University, University of Rochester and the University at Buffalo. Each morning, beginning on Tuesday, October 26, 2010, an official photograph of President Dudley’s visit to the region will be released on the New York Fed’s web site at 9:00 a.m. EDT.

President Dudley is also expected to tour Kionix, Inc., an Ithaca-based company which utilizes Cornell University research to design and fabricate high performance inertial sensors; and the Buffalo-area GM Powertrain Tonawanda engine plant, where he will take a tour and meet informally with workers.

The New York Fed’s regional mission is to promote sustained economic vitality by leveraging the Bank’s strengths to benefit the citizens of the District. President Dudley’s trip to upstate New York furthers the New York Fed’s active role in maintaining connections with the people and key communities in the District which help to inform Bank policy decisions and ultimately build support for sound monetary and regulatory policy.

Contact:
Jeffrey Smith (traveling with President Dudley)
(212) 720-6139
(646) 720-6139
jeffrey.smith@ny.frb.org

Eric Pajonk
(212) 720-1735
(646) 720-1735
eric.pajonk@ny.frb.org

Resources
Rochester:

Speech
Video
Audio
Syracuse:

Photo