42nd David A. Bowers Economic Forecast Luncheon
Posted 11.23.15Mark Sniderman, executive-in-residence of economics, will present his forecast at the luncheon Friday, December 11 at Renaissance Cleveland Hotel.
Case Western Reserve University's Weatherhead School of Management presents Executive in Residence Mark Sniderman, adjunct professor of economics, at Weatherhead’s 42nd David A. Bowers Economic Forecast Luncheon on Friday, Dec. 11, at Renaissance Cleveland Hotel. Sniderman will give his forecast for the U.S economy, explaining factors that will influence the decisions of consumers, businesses and investors. He will also describe how international economic conditions are affecting domestic economic activity.
Sniderman came to Case Western Reserve recently after a career with the Federal Reserve Bank of Cleveland, where he was executive vice president and chief policy officer. In that role, Sniderman served as principal adviser to the bank president for economic and financial policy issues. As a senior executive officer, Sniderman had responsibilities for leadership of the bank’s economic research, public affairs, and community affairs departments.
His insights about monetary policy are timely. The next meeting of the Federal Open Market Committee (FOMC) of the Federal Reserve System Board of Governors is scheduled for Dec. 15-16 and could result in an adjustment that affects interest rates. During his Federal Reserve career, Sniderman attended more than 100 meetings of FOMC, the Fed’s monetary policy body.
Sniderman chaired the Federal Reserve Bank of Cleveland‘s Senior Policy Committee and was a member of its Credit Risk Management Committee. His academic and professional interests are focused on macroeconomics and financial regulation, especially the roles played by central banks. He is currently studying unconventional monetary policies being employed by central banks in the wake of the global financial crisis, as well as their new responsibilities for promoting financial stability.