A tightening cycle is finally underway. PIMCO's experts discuss the Fed's long-awaited decision to hike rates - and what it means for investors.
Company: PIMCO Date added: 18-12-2015
Categories: Economic Outlook
PIMCO Dr. Richard Clarida
Dr. Clarida is a managing director in the New York office and PIMCO's global strategic advisor. In this capacity he leads PIMCO's annual Secular Forum and is co-head of the quarterly Cyclical Forum process. Since joining the firm in 2006, he has worked extensively with and advised the firm's central bank and sovereign wealth fund clients. Prior to joining PIMCO, he gained extensive experience in Washington as assistant Treasury secretary, in academia as chairman of the economics department at Columbia University, and in the financial markets at Credit Suisse and Grossman Asset Management. He has 17 years of investment experience and holds a Ph.D. in economics from Harvard University. He received his undergraduate degree from the University of Illinois.