Virtual   
  Fri 11 Dec 2020 10:00 - 11:00

Reflections and expectations for the US economic and financial landscape post-Covid-19 – A discussion with Dennis Lockhart, former president and chief executive of the Federal Reserve Bank of Atlanta (2007-17)

Following the inaugural conference ‘Canada, the Americas and the Global Economy: Investing in an interconnected world’, Scotiabank and OMFIF host Dennis Lockhart, former president and chief executive of the Federal Reserve Bank of Atlanta (2007-17). He reflects on the lessons learned by central banks and governments in dealing with the economic and financial consequences of the Covid-19 pandemic and assesses key challenges that may await in 2021. Themes of focus will include amongst others:

  • US economic and financial policy under a Biden US presidency
  • The role of monetary and fiscal policy in times of crisis and implications for a return to more ‘normal’ state of affairs
  • Central bank toolkit for 2021
  • The outlook for inflation vs stagflation
  • The outlook for capacity, cost and drivers of US debt
  • Implications of increased public balance sheets for financial markets
  • Safeguarding the independence of central banks

Speaker:
Dennis Lockhart is the former president and chief executive of the Federal Reserve Bank of Atlanta, in which capacity he served on the Fed’s Federal Open Market Committee. His tenure spanned the financial crisis, the Great Recession, and several years of recovery. He retired in 2017. Lockhart is currently a distinguished professor-of-the-practice in the Nunn School of International Affairs at Georgia Tech. He also sits on several for-profit and nonprofit boards. His earlier career comprised banking, private investment, and teaching at Georgetown and Johns Hopkins universities.

Meeting at a glance:
10:00-10:20 – Discussion between Dennis Lockhart and John Orchard
10:20-11:00 – Interactive discussion with participants

Moderated by John Orchard, CEO, OMFIF

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