The Fed Keeps Rate Steady. Here's How That Benefits Short-Term Borrowers

Laura Veldkamp is a Professor of Finance at Columbia University's Graduate School of Business, with an economics Ph.D. from Stanford. She has been a board member and chair of the governance committee for the American Finance Association, an editor of the Journal of Economic Theory and a frequent keynote speaker at prestigious academic conferences in both finance and economics. Currently, Professor Veldkamp serves on the American Economic Association’s awards committee and co-chairs the program committee for the annual conference of the Society for Financial Studies.