BEGIN:VCALENDAR PRODID:-//eluceo/ical//2.0/EN VERSION:2.0 CALSCALE:GREGORIAN BEGIN:VEVENT UID:f0399b55bcdea68a486cdf12bea61931 DTSTAMP:20240502T032740Z SUMMARY:Raising Interest Rates: Why does it take so long? DESCRIPTION: \n\nPresented by Dr. George Tsetsekos\, Francis Professor of F inance and\nDean Emeritus Lecture starts at 12pm\,Q&A and Networking to fo llow\nEvent is free and lunch will be provided\n\nSince the 2008 financial crisis\, the Federal Reserve has implemented\nan aggressive accommodating monetary policy that has yielded low\ninterest rates. Following declines in unemployment and modest increase\nin GDP all expect normalization in in terest rates. Anemic growth\, lack\nof wage increases\, and global economi c pressures have prevented a\nlift-off in rates. In anticipation of the ne xt Fed meeting Dr.\nTsetsekos will explore prevailing scenarios leading to increases in\ninterest rates.\n DTSTART:20151203T170000Z DTEND:20151203T181500Z LOCATION:Malvern\, PA Campus\, 2 West Liberty Blvd\, 2nd Floor\, Malvern\, PA 19355 END:VEVENT END:VCALENDAR