Chairmen of the Federal Reserve are expected to speak rarely and obliquely. Which is why it’s interesting to see Ben Bernanke taking Twitter questions for an hour and a half this afternoon.
In addition to answering questions that are labeled with the Twitter hashtag #fordschoolbernanke, the Fed chairman will take questions from the public in an auditorium on the University of Michigan’s Ann Arbor campus. His answers will be streamed live to the web. That’s a remarkable degree of openness for a man who had to apologize for briefly chatting with a financial reporter at a dinner event seven years ago. Needless to say, Bernanke is not a tweeter and has never answered questions on the microblogging network.
Prior to answering questions from the public, Bernanke will participate in an on-stage interview with the dean of the university’s public policy school, answering questions focused on “monetary policy, recovery from the global financial crisis, and long-term challenges facing the U.S. economy,” according to a university announcement. Questions from Twitter thus far are slightly more broad, touching on the platinum coin, inflation, Ron Paul, intergalactic capital flows, and whether the Fed chairman uses performance enhancing drugs.
The Bernanke event and livestream begin at 4 p.m. ET.
Fed Gets Chatty: Bernanke Will Answer Your Tweets
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Fed Gets Chatty: Bernanke Will Answer Your Tweets
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Fed Gets Chatty: Bernanke Will Answer Your Tweets