2025 US monetary policy outlook and global ramifications
Ahead of the December Federal Open Market Committee meeting, Ellen Meade, research professor at Duke University, Elliot Hentov, head of macro policy research at State Street Global Advisors, and Robin Brooks, senior fellow, Global Economy and Development Programme, Brookings Institution, join Mark Sobel, OMFIF’s US chair, to discuss the US monetary policy outlook next year and implications for the global economy.Â
Speakers
Robin Brooks
Senior Fellow, Global Economy and Development
Brookings Institution
Robin Brooks
Senior Fellow, Global Economy and Development
Brookings Institution
Elliot Hentov
Chief Macro Policy Strategist
State Street Investment Management
Elliot Hentov
Chief Macro Policy Strategist
State Street Investment Management
Ellen E Meade
Research Professor of Economics
Duke University
Ellen E Meade
Research Professor of Economics
Duke University
Mark Sobel
Vice Chair and Chief Economist
OMFIF
Mark Sobel
Vice Chair and Chief Economist
OMFIF
Mark Sobel is Chief Economist and Vice Chair at OMFIF. Mark is a veteran US Treasury official, who was at the forefront of international financial diplomacy for two decades.
Mark, who represented the US on the International Monetary Fund executive board up to April 2018, has had a 40-year Treasury career with extensive around-the-world engagement.
He works with OMFIF in dealings with private and public sector organisations, speak regularly on international and US policy, and provide OMFIF members with insight and analysis.
Mark was Treasury Deputy Assistant Secretary for international monetary and financial policy between 2000 and early 2015. He helped lead Treasury preparations for G7 and G20 finance minister and central bank governor meetings, formulated US positions at the IMF, and coordinated Treasury and regulatory agencies’ work in the Financial Stability Board.
Mark founded the US/EU Financial Market Regulatory Dialogue and chaired an international group of private and official sovereign debt experts that developed enhanced collective action clauses for sovereign debt restructuring. He managed the $100bn-plus Treasury Exchange Stabilization Fund and played a key role in US foreign exchange policy including coordinating the Treasury’s semi-annual foreign exchange report on China and other countries.